for broad market traders, OT for everyone else:
Post# of 72446
(Total Views: 268)
Posted On: 03/02/2018 1:47:57 PM
for broad market traders, OT for everyone else:
Much as I hate to agree with anyone on CNBC, someone pointed out that the volatility trade could be a good one. I've been in UVXY and $VIX puts at various times, including now. They mentioned that there was huge buying interest in VXX puts today near its peaks. Just FYI if you've never considered it.
Remember, however, that within the past couple of weeks we've seen a muck-raking story about how the big firms conspired to keep the VIX low. The volatility trade is extremely dangerous.
Kinda like investing in biotech....
Much as I hate to agree with anyone on CNBC, someone pointed out that the volatility trade could be a good one. I've been in UVXY and $VIX puts at various times, including now. They mentioned that there was huge buying interest in VXX puts today near its peaks. Just FYI if you've never considered it.
Remember, however, that within the past couple of weeks we've seen a muck-raking story about how the big firms conspired to keep the VIX low. The volatility trade is extremely dangerous.
Kinda like investing in biotech....
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