VIX FALLING WEDGE: Ready to Blast off?!?

25 août 2021

Been accumulating September calls. Into 100 now, 17s, 18s. Falling Wedge. Trade at ur own risk, GLTA!

25 août 2021

Transaction en cours

Added Sep 22 $17 calls. These odd-weeky contracts have wide spreads, always try to enter at mid-spread, close a dime above bid using limits, never market orders.

25 août 2021

Transaction en cours

Added a few now holding 100 VIX Calls, September strikes. They got cheap, futures are crushed.

25 août 2021

Note

These are not for the faint of heart; my drawdown over 2 days is 2K. A pop would be enormously gratifying, huge leverage. IF it fails, these get crushed.

26 août 2021

Transaction en cours

Closed the September contracts on early lift ITM, leg into Octobers, do not hold short-term contracts over weekend!

26 août 2021

Transaction en cours

Re-entered in Oct 18s for $4.90 on the weak retracement rally. Might creep higher again...

26 août 2021

Transaction en cours

Went ITM again and closed. Holding nothing overnight! Re-enter at favorable price.

27 août 2021

Transaction en cours

Buying Oct $17 calls. They are EXPENSIVE; the $17 call is asking $4.90, the $17 put is asking only .80c, 50c in the money!! Where do they think it's going...!

27 août 2021

Transaction en cours

Added now in 20 Oct $17 calls.

31 août 2021

Transaction en cours

Doubled down and added September $16 strikes. 100 calls now

1 sept. 2021

Transaction en cours

Flipped my calls on early weakness and re-entered in 50 calls EOD. $17 Oct strikes.

1 sept. 2021

Transaction en cours

Squeeze always hardest just before it pops. Adding and re-entering into Oct $16 strikes as they fall OTM.

1 sept. 2021

Note

Loaded up on 100 October calls, 16s, 17s, holding 18s

2 sept. 2021

Note

News feeds full of free advice; "Buy MOMO BigCap Tech stocks!" Market Internals improving, go long S&P"
Usually clear warning signs = complacency, enthusiasm... break soon IMO

Added 20 OCT $16 calls

2 sept. 2021

Transaction en cours

Got 20 more now 140 contracts. Big bet...

2 sept. 2021

Note

Added 10 more $17 strikes now in 150

3 sept. 2021

Transaction en cours

Closed and rolled series on Fri AM vol, see related post

7 sept. 2021

Transaction en cours

Back in OCtober $18 call strikes, $4

8 sept. 2021

Trade fermée manuellement

Closed all out at $19 VIX; might bounce here IMO

9 sept. 2021

Note

Futurz bright red probly gonna get a hella pop here

10 sept. 2021

Note

Buying the $18 october calls, short the rallies IMO

11 sept. 2021

Transaction en cours

Closed out the calls EOD, nice bank, exceeded my expectation for Friday. NO powerhour, closing LOTD!

Holding a few UVXY in case. Might bounce at open, or dig deeper to gapfill, then bounce.

16 sept. 2021

Transaction en cours

Back in it holding 50 October $19 calls. Big bear soon IMO