guspenskiy13
976 posts
msg #121822
- Ignore guspenskiy13 |
10/28/2014 6:12:52 PM
I see...0.5% down from where you were before the dip? That's an awesome result; although I don't know how big your core is...
Nice rally today. It was a nice surprise for the TNA position I bought at the dip around 63.3 yesterday.
Currently playing :
XIV long-term for the roll yield w/ VRP; should get some tailwind soon as VIX futures contango sets into a regular curve.
OIH/OIL for mean-reversion as they represent a low risk/high probability opportunity
GDX/NUGT long/swinging for mean-reversion and because its cheap. Miners have been lower only in `08, so I bought some 32 cents away from their lowest price since `09.
TNA bought the dip yesterday, as small-caps move much much more on the general market rallies and currently IWM lags (still down for the year).
AMZN for the gap and because its cheap.
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guspenskiy13
976 posts
msg #121824
- Ignore guspenskiy13 |
10/28/2014 7:55:08 PM
long FB ?
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shillllihs
6,091 posts
msg #121825
- Ignore shillllihs |
10/28/2014 9:32:43 PM
Miners might be a good play. May move in sync with market.
UGAZ when it decides to move, could be quick & huge.
XIV is always exciting, but TVIX is more amazing.
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guspenskiy13
976 posts
msg #121826
- Ignore guspenskiy13 |
10/28/2014 10:51:00 PM
UGAZ looks really interesting...if that base in the 13's gets broken...will take a much closer look...
I think what makes TVIX a superior market tool for "catching falling knives" is that volatility drag works in our favor...with leverage X2 it becomes crazy (CAGR -90%)...
I did some calculations - volatility drag erodes 10 to 20% annually from XIV. Leveraged and used to advantage...
That's when you get almost 11 times more money on the market rally versus "plain" S&P...
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guspenskiy13
976 posts
msg #121829
- Ignore guspenskiy13
modified |
10/29/2014 11:03:38 AM
MU covered short @32.17 from 32.65 for a bit over 1%; not too bad for overnight
FB 75.68
TWTR 42.24 42.35 ; higher low shows demand; risk is a bit over 1%
UGAZ 11.25 11.34 small for now
P.S.
Miners at lows again; which doesn't make me too comfortable. Makes me wonder whether it's just making triple low base to take off or could fall lower...might average down a bit with a tight stop just around 20
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shillllihs
6,091 posts
msg #121830
- Ignore shillllihs |
10/29/2014 12:16:24 PM
Been short DGAZ all morning 4.87...
I'm holding longterm.
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guspenskiy13
976 posts
msg #121831
- Ignore guspenskiy13
modified |
10/29/2014 12:32:15 PM
Gas is quite a surprise for today...
I wonder how much DGAZ decays per year...if you time it right, you get a nice tailwind from volatility drag/leverage decay...
p.s.
sold ugaz combo average 11.3 @ 11.82
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guspenskiy13
976 posts
msg #121832
- Ignore guspenskiy13
modified |
10/29/2014 12:42:18 PM
where would you say is an appropriate entry into DGAZ short?
Miners are funny to play as they remain range-bound near bottom. Simply buy GDX at ~20.1 and sell 20-30 cents higher.
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shillllihs
6,091 posts
msg #121837
- Ignore shillllihs |
10/29/2014 2:52:09 PM
I'm short DGAZ & KOLD. hard to find more DGAZ.
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shillllihs
6,091 posts
msg #121851
- Ignore shillllihs
modified |
10/30/2014 11:05:25 AM
Transferred all KOLD to DGAZ since it just became available.
In at 4.77. Now 4.69.
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