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 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.
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 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