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Porgie Tirebiter

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Porgie Tirebiter

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Re: shankapotamus post# 1460

Wednesday, 09/14/2011 3:05:28 PM

Wednesday, September 14, 2011 3:05:28 PM

Post# of 1796
You were making money off the pop in volatility. That strategy will be a sure loser when the VIX index starts falling.

Long out of the money options in both FAS and FAZ will be losers even if the underlying moves your way. Volatility crush is particularly brutal with these two ETFs. Beware.

So where the hell was Biggles, when you needed him last Saturday?

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