Last attempt, trying to salvage the week.
Jun 165’s 1.40.
Godspeed.
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Long VXX calls.
Usually getting long VXX above the BB is a disaster, I think this time will be different.
NYMO so oversold means either we get powerful bounce but if it doesn’t bounce, think things could get crash-y, with the margin and macro stuff.
taking the other side of u (real short term). should see a bounce tomorrow. then looking to fade that. btw its better to buy the vix.in
vxx is designed to go to 0 eventually. and has reverse splitted a couple times in the past year
Either way, I expect a big move up or down. One of us will be happy, the other not so.
But yeah, most times out of not we would get a bounce in these circumstances. Just have a strong hunch about this one.