The Pilot said:
$30,000 Millionaire said:
NRD09 said:
McInnis 03 said:
$30,000 Millionaire said:
I got in an out of ROKU for a quick 10%. The arms index closed under 0.5, that means we have very good odds of a sell off tomorrow.
Daniel - I loaded some VXX calls as well....
Nice catch on the Trin. I went bear heavy at end of day
tvix is in a tailspin, I'm loading up premarket if it doesn't turn overnight
One of the CRWD directors dumped 7.5M shares today, I loaded up. I think this is the last time we'll see it under 100
you know TVIX is getting delisted on 7/12, right?
I'm going to sell TVIX towards the end of this week / early next.
I thought TVIX is going to stop trading on July 2?
I wanted to post this over the weekend. I did some digging on why Credit Suisse were closing these funds. Usually a firm would close these type of funds if either there was no interest, weren't profitable or posed a catastrophic risk to them.
So from everything I gathered, it definitely wasn't the first two. The third one is hard to know without some serious investigation into the swaps they hold. I have a feeling the volatility surge in March proabably pushed them to the edge of some major damage.
A knowledgeable source and I discussed this and we just causually observed that many of these funds were used by retail to hedge or make big bucks in a huge downtrend and that there is probably another one coming. I mean look what they are getting rid of Vol, Gold, Silver...