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

[risk on]

All the little DoJI bursts you see. The typical pattern for VXX is to pop and drop. This looks different, as VXX was actually going up at the same time as SPY, very RARE. when VXX gets stubborn and looks ready to pop, it usually starts those daily DOJIs and will be in the oversold range on the 6month - 1 year chart. That's what we have now.

THAT SAID: I know the abysmal history of VXX, and only take small amounts of calls, when it looks ready, don't always win.

I also buy puts after it has had in a burst