Wednesday, August 12, 2015

Aug 12 - short VXX

Need to see if things hold, but with 2 unfilled gaps down and VIX/ VXO reversal signals appearing, picked up VXX Aug 28 puts.  If things don't hold by end of day, I will let these go.

Getting a strong spike in SPY and we might be set up for a reversal.

 Same with VXO/ VIX but we need to see hold things hold up by EOD.

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