How is Long VXX not Free Money?

Discussion in 'Trading' started by stockpredictor, Apr 15, 2021.

  1. Overnight

    Overnight


    But...What about the Fed's PPP? Hmm?
     
    #31     Apr 20, 2021
  2. KCalhoun

    KCalhoun

    Good luck with that.. I'm long just a few hundred shares, will scale up especially once VIX > 20 and UVXY >6
     
    #32     Apr 20, 2021
  3. maxinger

    maxinger

    How is Long VXX not Free Money?

    --->

    How is Long AND also Short VXX, not Free Money?

     
    Last edited: Apr 20, 2021
    #33     Apr 20, 2021
    guru likes this.
  4. guru

    guru


    Congrats - you've just made a fortune with VXX going from $10 to $40! :)

    upload_2021-4-23_8-18-35.png
     
    #34     Apr 23, 2021
  5. Girija

    Girija

    Are u still long
     
    #35     Apr 23, 2021
  6. KCalhoun

    KCalhoun

    y and buying 200 more here 4.6 region
     
    #36     Apr 23, 2021
  7. guru

    guru


    I just got out of my VXX short (previously I sold 150 January call spreads for $0.80 that I now covered at $0.60, though post-split so the underlying symbol changed from VXX to VXX1 and the 45 strike corresponds to VXX being at $10 at that time):

    upload_2021-4-27_9-48-2.png
     
    #37     Apr 27, 2021
    KCalhoun likes this.
  8. Not an options fan here but yeah been following how it moves and every time the figures prove my decision correct.
     
    #38     Oct 12, 2021