Yeah but if it goes down, you will tell us about how you are selling the inverse ETFs. It is your net positions that counts.
Im not selling any inverse etfs right now, Im holding onto a lot of TZA at the moment and will only sell that at $12+++, as for SPXS Im holding onto that until about $21+, right now my portfolio is about unchanged on the day, added those longs today and last week which is holding my portfolio unchanged at the moment....which isnt bad considering the dow is nearing multi week lows and the nasdaq is off 50...
JDST up a $1.25 from where I bought it this morning, wish I bought more but that ETF is WAYY to volatile, the gains I have now could disappear in 27 mins, but Im holding until $15+ then away I sell.
You are in the market with your hands dirty. So don't worry about loss and for a second I thought my post might look like questioning your trades. Absolutely not. You are not one of those guys who posts your trades after the fact and I like it. Wish you success.
One thing I'm noticing is that the previous rally/squeeze came off of much higher volatility readings ahead of an OpEx...This time around, the far OTM puts aren't behaving the same...either complacency or the market could have much more fuel to the downside to reach those panic levels again...
This might be that selloff before a rate hike. Strong existing home sales, strong auto sales, along with the Richmond Fed forecasting Q2 GDP at 2.4% might push Yellen to hike at least once towards* year end. *toward for you Americans.