Considering a short on the

    Posted by DigiNomad on 21st of Jun 2023 at 03:53 pm

    Considering a short on the VIX   

    just remember there was a

    Posted by matt on 21st of Jun 2023 at 03:55 pm

    just remember there was a very large short position on the VIX put options that is expiring today, that's part of what has been holding down the VIX

    Wouldn't covering a lot of

    Posted by DigiNomad on 21st of Jun 2023 at 03:59 pm

    Wouldn't covering a lot of short puts on the VIX cause a big move up in the VVIX?

    *Was totally joking about shorting the VIX. The whole instrument is less and less useful these days. 

    Those puts/calls expire and now

    Posted by steve on 21st of Jun 2023 at 04:03 pm

    Those puts/calls expire and now we watch to see the next move - I discussed last night.   Not seeing much liquidity as yet.   

    I held onto my GOOGL

    Posted by timebandit on 21st of Jun 2023 at 04:13 pm

    I held onto my GOOGL short. Nothing major, but does not look strong on the hourly

    I agree about Google. Bought

    Posted by RichieD on 21st of Jun 2023 at 04:51 pm

    I agree about Google. Bought in at $110.75...sold yesterday at $124.  Haven't liked the feel of the stock since it produced that big red candle on the daily chart (after making a new high) about 2 weeks ago.

    Good trade. Now that it's

    Posted by timebandit on 21st of Jun 2023 at 06:11 pm

    Good trade. Now that it's lost the ledge and ma support, it may want the 50 ma. May take time unless we get a quick drop in the market.It's sitting at the top of a low volume air pocket. We'll see. The market could get juiced and back up it would go.

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