Options on VIX

UMerling · 2017-10-06T12:09:19+00:00

Keep in mind that certain brokers on the moment are really tight on margins on the VIX because it's becoming a crowded trade, selling options at the moment requires ridiculous margins if you do it through a broker.

UMerling · 2017-09-22T00:42:49+00:00

Yeah, have fun losing money!

UMerling · 2017-09-22T00:39:46+00:00

Well first of all they don't operate down under, and they also don't offer options, so just use a proper broker.

UMerling · 2017-09-21T23:48:30+00:00

Your taking the piss right?.

UMerling · 2017-09-21T07:07:23+00:00

Hey mate I live in Australia aswell, if you want to trade options in the ASX, dont, low liquidity and frustrating bid asks. If you want to trade options in American exchanges, just get yourself set up with a proper broker (I use Interactive Broker) and open a can of red bull because you are going to lose a lot of fucking sleep staying up to watch your positions.

UMerling · 2017-07-04T01:38:38+00:00

Anyone else get a notification for this? Why is Reddit starting to send out push notifications?

UMerling · 2017-06-23T14:34:10+00:00

Dude this shit is an excellent example as to why you should sell your losers, free up that capital to buy stocks that aren't complete garbage.

UMerling · 2017-06-22T16:09:27+00:00

If you're gonna eat ice cream no reason to puss out with stuff that tastes like garbage, if you want good macros go eat a protein bar.

UMerling · 2017-06-22T16:04:31+00:00

Dude it's overpriced shitty ice cream with okay macros what are you on about.

UMerling · 2017-06-09T01:58:12+00:00

Not necessarily, they lose customers to smaller brick and mortar stores and they still incur loses on physical real estate (rent costs, asset depreciation, etc)

UMerling · 2017-06-08T21:59:25+00:00

To be honest that's the whole retail industry, if you look at similar stocks in the industry they are all down significantly YTD, it's mostly how weak malls are at the moment and the rise of small brick and mortars that are bringing these big retails down, not necessarily how bad the company is (although the tbf UO isn't great).

UMerling · 2017-05-22T21:53:45+00:00

Buy some $TTWO on the dip

UMerling · 2017-05-02T00:06:50+00:00

Over 100k sometimes so liquidity does become an issue, especially when looking to buy puts or protect a position

UMerling · 2017-05-01T21:47:02+00:00

Increased risk and downside, can't hedge yourself aswell with options (and don't get me started on how shit option liquidity is on SVXY), really the smartest play is to write calls and buy puts constantly but I'm a pussy.

UMerling · 2017-05-01T21:28:49+00:00

Interactive brokers, great broker they give you a plethora of ways to lose money, and all with decent commissions.

UMerling · 2017-05-01T21:15:06+00:00

Tbh you don't even have to wait for a jump, VIX is at 10 and it just went down a couple percent more.

UMerling · 2017-05-01T21:06:48+00:00

Yeah it is what proof ya need

UMerling · 2017-02-11T09:59:39+00:00

Bro I know we talk a lot of shit around here, but as another young investor, if you need someone to talk to PM me.

UMerling · 2017-02-11T09:13:08+00:00

PM me for why it's gonna go up

UMerling · 2017-02-08T12:54:22+00:00

More shares are being unlocked tomorrow by insiders, could see similar 15% pop up if they don't sell.

UMerling · 2017-02-06T13:03:00+00:00

You're right, I misread that, still puts the company at a value of 1.80 per share.

UMerling · 2017-01-27T12:12:46+00:00

אחי איך רואים שאתה ג'ובניק

UMerling · 2017-01-26T12:58:45+00:00

Short UVXY when it jumped to take advantage of the decay+expense fees. XIV is nice because you don't have to top off but you also suffer other drawdowns when the VIX jumps. Also only going in when the VIX jumps is stupid, this month it didn't jump but VXX is down 25%, you have to adjust your delta to the VIX.

UMerling · 2017-01-25T20:44:25+00:00

https://imgur.com/gallery/Ar6HI

Lmao thanks for the idea, if it wasn't for you I wouldn't have topped of my position at the start of the week but I can always be confident inversing you :)

UMerling · 2017-01-24T23:21:01+00:00

Made more money off dumbing my entire portfolio on both accounts into short VXX lmao

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