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RE: 8/22/17 Diary of a "pending" UVXY call options trade "live!" as I'm spekkin to ye...and why you ALWAYS lose trading options

in #uvxy7 years ago

8/28/17 update: UVXY approaching my sub $30 target so I will sit on a limit to cover the 100 shares I shorted at $33 for $30 asked. spot dead on. That's a nice $300 cushion to work with in case my Ty Ming on the sexy VIXen long coming is off by a tad.

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8/29/17 10:30 AM EST: Time to exit this news driven freight train as me cover target was mist by .06 yesterday. Out here at 32.50 wit a $50 gain. Probly sees 32.00 before it trades thru the PM high of 37.25. Now I can concentrate on my "trade of the year" ...which is the short in the gold stocks.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=uvxy&x=36&y=15&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11