Tag Archives: UVXY

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Follow the Bouncing…Arrow

Yesterday, January 4th, in order to start out the new year with some degree of nail-biting (figuratively) drama, I hatched a little plan involving some short shares of UVXY.  The first thing I did was to buy to close 400 shares, reducing the 1,800 I had opened the previous day to 1,400 in quantity.  My […]






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Weekend Review – Volatility Indexes and ETPs – 12/5 – 12/9

With the continuation of the election related equity market rally comes even lower SPX option implied volatility.  The curve shifted lower across the board, but do note the angle steepens a bit between VIX and VXV with VXV representing IV into 2017. The performance table lives up to expectations after a week where the S&P […]






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Whistling Over the Bridge

At my last writing I had taken an accounting-sheet loss by simply exchanging one security for a comparable one and then selling some options against that position with the intention of bringing in some extra return on that position.  Refresher: Converted to: (shown after just a few minutes as the position immediately resumed producing red […]






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Trick Now, Treat Later

After having a pretty good week shorting anything with a ticker (no, not really – just a few select names) and getting away with it, I got caught with my shorts up on Friday afternoon.  Who can predict green ticks higher than the Empire State Building that materialize while you’re waiting by the microwave for […]






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Weekend Review – Volatility Indexes and ETPs – 10/17 – 10/21

In a bear market we refer to market bounces as ‘relief rallies’.  The drop in volatility last week may be attributed to some sort of relief, whether with respect to expectations around the coming election or that a good part of earnings season has passed without any catastrophic results.  Whatever the reason the curve moved […]