SPY System important comments

    Posted by matt on 9th of Nov 2017 at 01:02 pm

    Guys as you know the SPY system is currently flat.  It's possible that the system could go back long today if prices sell off again.  HOWEVER here's the deal, I've having problems with Tradestation, my SPY data is delayed today been working with them to get a fix.  Anyway the point is I may not be able to confirm a trade until 15 - 20 min until after the close when the delayed data would catch up.  Again with after hrs I don't see that as an issue but I'm giving you a early heads up.

    Certainly understandable, Matt. Just wanted

    Posted by bobhug on 10th of Nov 2017 at 08:17 am

    Certainly understandable, Matt. Just wanted to point out that late notice does affect those of us who trade options instead of SPY stock, since we can't enter a new trade after 4:15 pm EST.

    Would XIV be the equivalent

    Posted by rojoch on 9th of Nov 2017 at 03:35 pm

    Would XIV be the equivalent VIX instrument to enter?

    Thanks!
    .../john

    XIV is inverse instrument to track VIX

    Posted by xxkumarxx on 10th of Nov 2017 at 04:03 pm

    XIV is inverse instrument to track VIX.  When VIX goes up you want VXX or UVXY  when vix goes down you want XIV, SVXY.  Currently I am long UVXY.  VIX is testing its 200 dma once again.  I have found that a close and hold above this generally leads to larger spike in VIX so not a good time to by XIV. 

    SPY System important comments

    Posted by matt on 9th of Nov 2017 at 04:01 pm

    no trade today with the bounce off the lows. one would do XIV basically in answer to your question

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!