Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
Sold at $11.87


Probably will break out above 12 but still sold. Had on way too much in that trade...but made a profit and will buy back below 11.50 next time around.

Now in more XIV at $26.50
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Out of xiv @ $27.17

Premarket exit.
 
noddyboy said:
Great trade!
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Thanks

now in TVIX at 3.07

lots of shares, was going to buy this morning at $2.95 but decided let me wait until it drops to $2.75 but all it did was move higher after the open. I shouldn't have chased it but since I made a great trade with XIV I figure why not go the opposite way into TVIX for some extra $$

Looking for somewhat of a daytrade in this one, looking for $3.15+ at the close but who knows, trading around $3.01, Will see, markets look weak on energy being lower but that could change.
 
S2007S said:
Thanks

now in TVIX at 3.07

lots of shares, was going to buy this morning at $2.95 but decided let me wait until it drops to $2.75 but all it did was move higher after the open. I shouldn't have chased it but since I made a great trade with XIV I figure why not go the opposite way into TVIX for some extra $$

Looking for somewhat of a daytrade in this one, looking for $3.15+ at the close but who knows, trading around $3.01, Will see, markets look weak on energy being lower but that could change.
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At $3, it has to be lots of shares! I hope your commissions are OK.
 
Sitting on 2500 at the moment, I opened a new online account so the first 25 trades are on the house, after that every trade is $7, the other account I still have wants $0.005 a share after 500 shares, I needed to find a broker who had flat fees no matter the amount of shares, I usually trade 50-100 shares of the bigger 3x bullish ETFs, the inverse ones under $20,$15 and $10 like TZA, SOXS, ERY, SPXS, GASL, CVOL, TVIX, etc...I usually will trade 500-1000 share lots. With TVIX, I usually buy between 1000-3000 shares, and will average down every .25-.50 it sells off, right now though Im in at $3.07, little loss right now but things could change by the close, trying not to go all in since I feel the dow and the rest of the markets might start to trade higher, S$P is near resistance, if it breaks out I don't see any problem with new highs by end of FEB at 2100+
 
S2007S said:
Sitting on 2500 at the moment, I opened a new online account so the first 25 trades are on the house, after that every trade is $7, the other account I still have wants $0.005 a share after 500 shares, I needed to find a broker who had flat fees no matter the amount of shares, I usually trade 50-100 shares of the bigger 3x bullish ETFs, the inverse ones under $20,$15 and $10 like TZA, SOXS, ERY, SPXS, GASL, CVOL, TVIX, etc...I usually will trade 500-1000 share lots. With TVIX, I usually buy between 1000-3000 shares, and will average down every .25-.50 it sells off, right now though Im in at $3.07, little loss right now but things could change by the close, trying not to go all in since I feel the dow and the rest of the markets might start to trade higher, S$P is near resistance, if it breaks out I don't see any problem with new highs by end of FEB at 2100+
More...

I wonder how these fixed price commissions work, since there are mandatory SEC or FINRA fees that have to be paid per share.
 
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