iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[DrContango]

Timing it, yes, that's the issue.

Again, Risky, if your technical analysis is helping you time your purchases, I'm very happy for you.

But why don't you have it both ways?


Why don't you establish a VXX short position, and when you expect your VIX "pop", box up those shares plus purchase whatever shares or calls you normally would. When you think that VXX has peaked, sell all those shares and, presto, you are short again.

You'd get even more juice if you shorted TVIX or UVXY instead, but you would not get the margin credit when boxing your position unless you bot the specific ETP that you are short.


Doc