Chasin' Tales'  Instablog

Chasin' Tales
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  • Quick Hit 12/17/12 0 comments
    Dec 18, 2012 1:32 AM | about stocks: XIV

    Looks like there's another couple days for VIX to drop to the 15.50 level by options expiration Friday. Enjoy the contango...make a quick long trade in XIV for a couple percent. Holding after Friday could dangerous.

    Don't be greedy.

    Disclosure: I am long XIV.

    Additional disclosure: I am an amateur. This is my humble opinion only. I ain't always right, but I've never been wrong...

    Stocks: XIV
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