VIX FALLING WEDGE: Ready to Blast off?!?

Been accumulating September calls. Into 100 now, 17s, 18s. Falling Wedge. Trade at ur own risk, GLTA!

交易進行:

Added Sep 22 $17 calls. These odd-weeky contracts have wide spreads, always try to enter at mid-spread, close a dime above bid using limits, never market orders.

交易進行:

Added a few now holding 100 VIX Calls, September strikes. They got cheap, futures are crushed.

評論:

These are not for the faint of heart; my drawdown over 2 days is $2K. A pop would be enormously gratifying, huge leverage. IF it fails, these get crushed.

交易進行:

Closed the September contracts on early lift ITM, leg into Octobers, do not hold short-term contracts over weekend!

交易進行:

Re-entered in Oct $18s for $4.90 on the weak retracement rally. Might creep higher again...

交易進行:

Went ITM again and closed. Holding nothing overnight! Re-enter at favorable price.

交易進行:

Buying Oct $17 calls. They are EXPENSIVE; the $17 call is asking $4.90, the $17 put is asking only .80c, 50c in the money!! Where do they think it's going...!

交易進行:

Added now in 20 Oct $17 calls.

交易進行:

Doubled down and added September $16 strikes. 100 calls now

交易進行:

Flipped my calls on early weakness and re-entered in 50 calls EOD. $17 Oct strikes.

交易進行:

Squeeze always hardest just before it pops. Adding and re-entering into Oct $16 strikes as they fall OTM.

評論:

Loaded up on 100 October calls, 16s, 17s, holding 18s

評論:

News feeds full of free advice; "Buy MOMO BigCap Tech stocks!" Market Internals improving, go long S&P"
Usually clear warning signs = complacency, enthusiasm... break soon IMO

Added 20 OCT $16 calls

交易進行:

Got 20 more now 140 contracts. Big bet...

評論:

Added 10 more $17 strikes now in 150

交易進行:

Closed and rolled series on Fri AM vol, see related post

交易進行:

Back in OCtober $18 call strikes, $4

手動結束交易:

Closed all out at $19 VIX; might bounce here IMO

評論:

Futurz bright red probly gonna get a hella pop here

評論:

Buying the $18 october calls, short the rallies IMO

交易進行:

Closed out the calls EOD, nice bank, exceeded my expectation for Friday. NO powerhour, closing LOTD!

Holding a few UVXY in case. Might bounce at open, or dig deeper to gapfill, then bounce.

交易進行:

Back in it holding 50 October $19 calls. Big bear soon IMO