Tag Archives: volatility

Bought back my short VXX calls

I just bought back the December strike 52 and strike 57 calls that I shorted some days ago. They were shorted at close to 300 each and were worth 80 and 40 now. The possible additional gain is limited and … Continue reading

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Sold half of my VXX (volatility) hedges

I just sold 50% of my volatility hedges, I specifically sold two of the strike 35 December 2011 VXX calls that I bought in the first week of August. They definitely were worthwhile and did a good job to hedge … Continue reading

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Greeks have the right to decide

Austerity measures can drag on for years, humiliating populations, creating bitterness and anger. In the case of Greece, was it really the common person that took the debt or was it the politicians ? If the answer is the latter … Continue reading

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Next week VXX based on VIX values – 4 scenarios

As long as the 2nd month futures which are @ 27.85 today are heavily weighted and fear persists VXX will go up because those contracts converge to spot VIX price as time passes. Here are four simulations for next week, using some … Continue reading

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Volatile week

Is this market as measured by the S&P changes volatile enough?: Monday    -6.66% Tuesday   +4.74% Wedn.        -4.41 Thursday  +4.63 Well NEVER before in the history of the S.& P. index, which goes back to 1928, have … Continue reading

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