Monday, March 2, 2015

Trade Idea: UVXY (VIX Short Term Futures)

I'm not usually a huge fan of trading VXX/Short term VIX futures, your timing on them needs to be impeccable, but I'm looking at VXX, UXVY, XIV and actual VIX futures, I like what I see for a VXX long, although I'm going to open a UVXY long  (tracking portfolio) here. I'll get together as many charts as I can with confirmation, for now this is /VX, VIX futures (not the ETF), you rarely see strong accumulation moves in them.

VXX intraday , that positive is throughout today's cash market hours.

I've chosen the 2x leveraged long short term VIX futures, UVXY, full size position, although I can see phasing in as well.

No comments: