VXX a good buy at current levels?

Quote from trefoil:

I've been sharing my little bit of knowledge, and he attended a CBOE seminar and has been reading up a lot on all this. Of course he'll paper trade first, especially since the IB interface ain't TOS by a long shot. So, he'll be approaching it sanely. Not that that doesn't mean he won't blow up, of course.

i actually just opened a TOS account.. i have two IB accounts.. i'm all thumbs here!
 
Quote from failed_trad3r:

All you need to know is how to sell tops.

from ES 1350 to 1420 in 3 weeks. What do you think???

might push a litlte higher on you shorts.. are you short?
 
Quote from NoBias:

6/17 [Sunday Thread started]

Approaching reverse split territory
Getting closer. Will be interesting when/if it breaks $10

 
The inevitable Reverse Split

VXXchangesincethreadreversesplit_zps81a5f2ec.png
 
Quote from trefoil:

Look over in the Options forum, there was a long thread on the VIX. Atticus, at a time when the term structure was just as steep, suggested shorting the options on the futures, and hedging with SPY puts.
I put this on at that time and it wound up making money on both sides of the trade. Started this up again last week, shorting Sept and to a lesser extent Oct, hedged with SPY/SPX put spreads. We'll see how it works out. Will close out/modify when VXV is back to within one std of its normal relationship with the VIX, or by Labor Day, whichever comes first.
So the idea is to short that term structure but hedge it to keep the risk from a blowout to something reasonable. But going short XIV just because the level of the VIX is low, without looking at the term structure of VIX, is just amateurish.

which thread in the options forum are you referring to?
 
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