Not got anything against GME, I’m holding shares, but it’s refreshing to see such good dd with some different tickets for a change, thanks a lot man Dude my wife is out with her boyfriend because I bet my whole portfolio on VXX calls on Friday. Quadruple witching, Vaccinated Definition Quote Vaccine Meme 2021 Saying Shirt fed meeting, lowest VIX in about a month. I am just so turned on thinking of the gains. My NOK average is $3.95. Also have May 21st $4 calls. Finally seeing NOK move up. 19th is make or break. Not trying to be an asshole here but geniunly wait to buy any VX Future ETF till at least Wed.
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They are rolling into one of the worst contangos I’ve ever seen. Just buy spy puts brother and hedge it with UVXY puts. Notice how UVXY really caved right at close on Friday that was Proshares dumping some of the March ones at friday right at close. Vaccinated Definition Quote Vaccine Meme 2021 Saying Shirt This effects VXX as well since they are holding the same product. When you dont see march futures here you “should” be better off. You’ll still get decent returns if your right but these VIX ETFs are kinda fukt rn As a guy debating this VXX play on Monday,
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I really wish I knew more to know what you mean by your comment. I’ll just take it as a sign to sit this one out…. Its not that the OG poster is wrong… You can still make money if he is right but VXX and UVXY or any etf that tries to follow the VIX are either in a “contango” or “backwardation”. These are important and simple to understand.Vaccinated Definition Quote Vaccine Meme 2021 Saying Shirt We are in a nasty nasty contango rn which is means uvxy bleeds money until they finish their march roll. It puts a shit ton of downward pressure on anything holding VX futures.