XessVol

Discussion in 'Trade Journals' started by AverageJoesTrades, Jun 2, 2017.

  1. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Alright, lets dust this puppy off - I survived the volpocalypse unscathed. I re-wickered my algorithms to trade SVXY, then SVXY nerfed the leverage to .5. Therefore I have moved most of my algorithms to trade VXX as that was the "long version" of XIV. I have a couple sprinkled with SVXY as a "safer" play now that the leverage is .5 and a termination event is reduced due to this.

    Short 584 shares of VXX @ 51.01 at 10:00
     
    anotherdevilsadvocate likes this.
  2. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    Will probably be stopped out after the tariff war continued after hours yesterday.
     
  3. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    bought my shares back at 52.13 for a loss of $682.
     
  4. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    back in short VXX @ 50.79 for 574 shares.
     
  5. AverageJoesTrades

    AverageJoesTrades Well-Known Member

    Joined:
    May 24, 2016
    Messages:
    1,130
    Likes Received:
    624
    out at 51.70 loss of 480. VXX is chopping me up today.
     

Share This Page