Massive VXX implosion is possible today

Wait till the VIX pulls back (below 20) before going long VXX or TVIX, not cool to see the VIX coming down, volatility keeps these markets interesting, once the VIX drop below 20 it starts to get extremely quiet again!

 

lol to below 20. We'll be driving hovercars by then. We will not touch 20 on cash VIX in 2011.

 

you better edit this asap. 20 will touch with ease.

 

My SPX charts are down... can I borrow a chart of your equity curve?

$1,000 says you're wrong. 1:1. Dec 31, 2011.

 

Cash VIX will not touch 20.00 during any time in 2011

 

you know i don't bet..plus you need it more..so no, lol

 

If you believe it then you should bet and take the write-off. It's like donating to PBS!

 

Just bookmarked this thread.

Atticus I tend to agree with you but would love to hear your reasons behind your bold, or not so bold, prediction.

 

We've just begun to see index vol. No way we trade to 20 into the holidays. I can do better, but that Dec 18/20 put spread at $0.65 is a massive short.

 

Well, I'm short VXX at a shade under $35. As for whether VIX will hit 20 again this year, I'm agnostic. I do expect it to get to 25 or so.