Wednesday, August 28, 2013

Where are we with the TVIX?

as posted a long while ago was loading up on TVIX when it was 2.60.  I usually layer in to volatile trades which worked well here.  Was buying all the way down into the 1.50 range for a good cost basis.  Syria is assisting in fear right now so this turned out to be a good trade. still more neg news in the future, debt ceiling, sequestration impacts, slow down in housing, jobs number not great, tapering... etc.  The model didn't work as planned this time but is still working out, albeit slowly.  If you are in stay the course for north 2$ range.


happy trading!