No sector charts, no index charts ... we got no more useful charts

[TheFastOne]

Time is money ...
I need to collect more data on QQQ and BIDU but my analysis says VXX options will cost you ...
Mon - 70%
Tues - 65%
Wed - 50%
Fri - 20%

Percentages being based on the "first in the money"call or put and represents the portion of option cost (or portion of each dollar you invest). It goes fast on the weeklys so if you go in on Mon you better be out by Tues.

I don't plan to hold overnight so the premium will be just a little lower upon exit on whatever day ... but you don't earn profit on the premium portion of the price ...

i.e. If you pay $1.00 for an option and 70 cents is premium ... if the price rises by $.50 you only gain $.15 per share or a 15% gain on each dollar you invest.
If it was only a 20% premium and the price goes up $.50 you would gain $.40 per share or a 40% gain

Weekly's are for daytraders and scalpers ... not to be held overnight