Seeking Alpha
  • Ocean Man
    Yesterday Dow up 0.5%, VXX down 9%. Today Dow down 0.5%, VXX up 2%.
    9/28/12
    Reply (11)
    • blablah: Is it still in contango?
      9/28/12
    • Ocean Man: Yes, for about 11 months now.
      9/28/12
    • phemale60: Just checked my closed positions and nearly fell over - lost so much on VXX; so many trades - timing consistently off
      9/28/12
    • shortist: Do you have any open position in VIX related products?
      9/28/12
    • Ocean Man: Me or phe? I'm short VXX.
      9/28/12
    • Davis908: Is a place where you can check the state of contango?
      9/30/12
    • Ocean Man: Here you go (might need to sign in): http://bit.ly/nq8S4P
      9/30/12
    • Davis908: what do you think about buying some deep out of the money puts on UVYX?
      9/30/12
    • phemale60: Ocean Man, great link. Thanks!
      9/30/12
    • Ocean Man: UVXY options are very expensive, the shares are already wild enough imo.
      10/1/12
    • phemale60: XIV better going right now.
      10/1/12