Wednesday, February 12, 2014

VXX / UVXY Update Trade Position

I have to reiterate, I love UVXY or VXX here, I prefer the equity longs over options at this point.
This is one of the better developed charts in my view.

 5 min UVXY

10 min

At 15 min, this is no joke. Remember this one moves opposite the market so these positives align with the market negatives.

I may even consider adding to calls, but I'll let you know about that if and when I do.

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