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It's funny, you go over to the UVXY board and it's a blame game aiming at Biden, the FED, and just about everything and everybody except for themselves who have ultimately decided that they will be rich when the world ends.
SVXY: effective April 11,2024 a 2 for one forward split:
https://hedgefollow.com/upcoming-stock-splits.php
Good long term play as Volatility decreases drastically in the future months
https://www.barchart.com/futures/quotes/VI*0/futures-prices
Harry
Wait for the contango.
Toofuzzy
Scam alert
Why does that almost exactly sound like my experience with ITT?
It went from 60 to 30 when it cut its dividend in about 1985.
Toofuzzy
NEVER trade options ever again nor trade volatility products because you have no understanding of risk.
My personal life lesson was starting to invest at 20 in only one stock, buying some on margin, selling some options, and at age 30 having 7 times my income in one stock that went from 60 to 30 overnight when it cut its dividend and wiped out 80% of my equity. I then switched to diversified mutual funds. Now I use ETFs.
Getting back in here today. It’s time to go long the market. Loving this pullback this morning. Good luck everyone.
Still playing?
I was talking about me buying at 3.80 not you. Just saying I will hold even thru rs and fell I will end up making money when this corrects itself. This is way over done.
Too soon relative to what?
I simply "dipped my toes" to stay alert and be drawn in. If I don't have a position, I don't stay alert.
48 area and I will dip my toe...
Probably a good starting point. I'm looking myself.
Sell? It all depends... have to see how the market goes.
BOUGHT SVXY at $54.87, sell $58?*
The order was filled at 10-20-51 am.
Well that figures
Hi RT
1:5 Reverse split is comming.
Toofuzzy
You need to check your math, only way SVXY is getting to $70 within a month is from a reverse split. While I agree that it will trend up, that is a little too much to ask from it.
Estate guru
My opinion is to wait for the next VIX spike ( THE HIGHER THE BETTER) and buy SVXY then.
Toofuzzy
Anyone have opinions here 27,000 Dow SVXY ?
things that make u go hummmm
$SVXY going to $200 from here $14.41 according to Yahoo Finance , look up SVXY Quote Jan 2019 , call Stock
STRIKE PRICE $200 / open interest already 592 contracts bought 6 transactions
yep and it will happen, 27,000 DOW here we come
all r waiting for the summit spike
svxy `Great plan! this has weeklys @ .50 increments...going out upto 5 weeks. under 12 would be nice! then to da sky.
SOLD SVXY at $13.50 LIMIT.*
Waiting to buy back for $12 and lower.*
sure...SVXY did deserve a "correction"...from the high..but
not this...
https://finance.yahoo.com/quote/SVXY/chart?p=SVXY#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
A slight increase in wages paid caused VIX to go to 55...??!
imo...IF nobody "triggered" that spike...SVXY would be trading at around 70...and would not move at 50% of the VXX move...
c'mon, man...
someone tell the truth...!!!
still waiting...
jmfo
...jk...
re; VXX...UVXY...SVXY...and XIV (R.I.P.)...
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=140850447
jmo
Preach.
That stream was silky smooth. Their online platform is clunky. Okay for retail, but trading news feels like a rigged deck.
Hey CC...what happen to all the posters on the D-Ugaz boards? It's a ghost town over there these days.
I miss Scottrade's Streaming quotes. So easy and fast to place trades from that platform for me. Also miss their pre mkt hours at 6:00 est
Hi toofuzy
You can chose two differant type of TOS platforms for your phone
Charts come with it
Was a small learning curve but like it
Charts are somewhat limited on the phone
Prefer laptop for charting
cc
Hi CC
Thanks for the offer but I do everything on my phone now. I don't need all the bells and whistles.
Toofuzzy
I trade with TOS .....Think or Swim
bring up Think or Swim
click on MarketWatch ( 5th to right ) at top of page
you can list stocks you want to trade in MarketWatch
click on buy or sell side of ticker and will bring up link at bottom of page
you will see....Order Entry Tool......
lower will show order entry.....you can change it as you wish
just like you normally do
at bottom of page will show any working orders or orders which did not go tru
by clicking on Monitor will show any orders pending or holdings
if you have any questions will be more than glad to help
best of luck to you
cc
got a few for 11.20
getting my cost lower
cc
I like TD AMERITRADE platform and only use their simplist trading web page and snap ticket.
I took one look at Think or Swim and couldn't figure out how to place a trade let alone set up an option spread.
Simple is better for me.
I find the navigation more complicated for me at Fidelity but better option information when placing the trade.
Toofuzzy
Less than impressed with TDA thus far, the online platform is a trash can. Undecided on Think or Swim.
Yes, mammum. It will go up slower now.*
Nothing is the same as it used to be, back in the "good old days."*
I used to really like the Google Finance page. Then they changed it and ruined it, so now it is completely useless to me.*
I liked Scottrade, but now I have TD Ameritrade. Their website is not nearly as good as the Scottrade website was.*
As for SVXY, it must eventually go up, although only at half the rate. I haven't seen an explanation as to why UVXY didn't go sky-high. But now they will be 3-to-1 instead of 2-to-1, right? If SVXY goes from 1 to 0.5, and UVXY goes from 2 to 1.5, then that changes the ratio between them.*
No matter what I do, it's virtually guaranteed to lose. But I shouldn't feel so bad. If I would have done everything right in previous years, I could have amassed a fortune in XIV and SVXY. And lost it all anyhow!*
Since I lost so much in UVXY before, I'm used to losing, and I didn't have far to fall. So now I will expect SVXY to finally start working for me?*
I might sell at a loss at any time, just to reset my cost basis, because I don't want to go long-term. I think it's ultimately a good thing for some people to sell and buy-back at least once each year, just so we know how to fill out the tax forms!*
I have relatives who held stock for decades, and they have a cost-basis of ZERO, because they were in an ESOP (Employee Stock Ownership Plan). Nobody ever told them to keep track of their cost-basis, so it's treated as zero, whether that is correct or not.*