Tuesday, July 3, 2012

vxx down

I did not want to go short on vxx since it is already low and any spike can happen any time.
One can short xiv  if the volatility increases or just stay out of the market.
I was long on vxx but lost a bit because it has been sliding down to
ever new lows. After some investigation found out that vix futures in contango.

It is better to be shout on Vxx when it goes up to 20 level until then just wait around.

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