Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

I usually only make one trade in this (FAS or FAZ) per day. If I can't get a real feel on direction, I won't play them at all.

I was buying calls in FAZ the last couple days, and it really worked nicely, the price went the right way, and the increase in the VIX (volatility) added fuel to the fire.

When the VIX is going down, like today, I avoid options and play the underlying.

I think we may still see RIFIN 790 today. I hope so anyway.