The ACD Method

I think all the media people who say there's "no way" Trump gets elected should be paying close attention to what is taking place in the UK tonight.

Trump ain't carrying the northeast or the west coast...just no way.
 
Were you guys positioned for this vote in any way? I just stayed out.

I started leaning short index and long vol right before the break when I saw the first votes come in. I added some long bond exposure mid way through the evening.
 
Were you guys positioned for this vote in any way? I just stayed out.

I bought a position in VXX (Vix) at 3:00 pm today when the market was pricing remain as a near certainty, I took a $2,000 drawdown by the time the market closed. Figured I deserved it since that is the usual outcome when you try to fade a move. Hopefully the exit vote does win.

My rationale for the trade was that the Vix would probably only fall 5% tomorrow if the vote went as everyone was expecting (remain) at 3pm, but if there was a surprise exit vote the up move could be much more than 5%.
 
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