Note that the "best bet" odds have shot up again to 2.3%.
I am short VXX into Friday's option expiry just as a contrary hedge against volatility.
With a 1.:5 risk to reward ratio this is a cheap bet. (see below)..
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Tuesday, January 30, 2018
XIV flat for Wednesday....01.30.18
XIV was down over 6% today as the markets cratered on basically no news. I warned that the signals were not in sync and that any vested signals were risky and I followed my own advice and stayed flat into today's session. The markets are now oversold and volatility is at short term resistance so we may get a bounce tomorrow if the SOTU message is received well.
Note that the "best bet" odds have shot up again to 2.3%.
I am short VXX into Friday's option expiry just as a contrary hedge against volatility.
With a 1.:5 risk to reward ratio this is a cheap bet. (see below)..
Note that the "best bet" odds have shot up again to 2.3%.
I am short VXX into Friday's option expiry just as a contrary hedge against volatility.
With a 1.:5 risk to reward ratio this is a cheap bet. (see below)..
