- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
UVXY........ETF that I'm killing it on
Posted on 5/30/13 at 10:59 am
Posted on 5/30/13 at 10:59 am
I've been buying 3000 shares of this at 5.73 the past 2 weeks and selling off at 6.10......
If you are looking for an ETF that plays off volatility and can play as insurance for your portfolio better get in under 6 bucks and wait for the DOW to drop to around 14000s again........
If you are looking for an ETF that plays off volatility and can play as insurance for your portfolio better get in under 6 bucks and wait for the DOW to drop to around 14000s again........
This post was edited on 5/30/13 at 11:01 am
3
Posted on 5/30/13 at 11:01 am to L S Usetheforce
im starting to fall in love with MLPs
Posted on 5/30/13 at 11:02 am to roguetiger15
Send me some more to research.......MLPs are your friend......
Posted on 5/30/13 at 11:04 am to L S Usetheforce
chkr
i try to stick with wildcat oriented and pipeline, pipeline is more stable of course which gives you a good blend
i try to stick with wildcat oriented and pipeline, pipeline is more stable of course which gives you a good blend
This post was edited on 5/30/13 at 11:06 am
Posted on 5/30/13 at 11:11 am to roguetiger15
(no message)
This post was edited on 5/30/13 at 11:15 am
Posted on 5/30/13 at 11:13 am to roguetiger15
or MLPFX if you don't want to deal with K-1s and still have exposure.
Posted on 5/30/13 at 11:15 am to Janky
correcto
Posted on 5/30/13 at 11:52 am to roguetiger15
ya wait till uvxy starts decaying and your stuck in a position. A friend of mine thought he was hot shite with it in march going from $8 to $12 in one day, I told him to stop trading it, now he's crying thats it in the $5's.
Time decay is not on your side
Time decay is not on your side
Posted on 5/30/13 at 12:03 pm to ThaBigFella
Thanks big fella.......... 
Your portfolio must be rocking......I mean you are talking about time decay on an ETF that is used to hedge losses.
Your portfolio must be rocking......I mean you are talking about time decay on an ETF that is used to hedge losses. This post was edited on 5/30/13 at 12:07 pm
Posted on 5/30/13 at 12:30 pm to L S Usetheforce
ok I dare you to hold uvxy and wait for the correction like my friend. I completely understand uvxy, its a series of short term options and its gone nowhere but down over time. As a short term trade its up from time to time, sometimes 30% in one day, hold onto it for a few weeks and let me know what happens
Posted on 5/30/13 at 12:50 pm to ThaBigFella
OK..........Bookmarked........
I've sold twice already.......You think I'm gonna hold onto it if I bought at 5.70 and it goes to 6.70........
I'll take my 3000 bucks and run anyday.
But I'm holding at 5.70 right now.
I've sold twice already.......You think I'm gonna hold onto it if I bought at 5.70 and it goes to 6.70........
I'll take my 3000 bucks and run anyday.
But I'm holding at 5.70 right now.
Posted on 5/30/13 at 7:22 pm to L S Usetheforce
Leveraged ETFs all suffer from time decay, and with few exceptions, they are terrible long-term plays.
For the first six months of 2009, the XLF Financials index was down ~6%. FAZ, 3x inverse, and FAS, 3x long, were down -84% and -64%, respectively. You would have gotten your arse handed to you regardless of what side you were on.
Leveraged ETFs are short-term plays and short-term plays only. Good luck.
For the first six months of 2009, the XLF Financials index was down ~6%. FAZ, 3x inverse, and FAS, 3x long, were down -84% and -64%, respectively. You would have gotten your arse handed to you regardless of what side you were on.
Leveraged ETFs are short-term plays and short-term plays only. Good luck.
Posted on 6/3/13 at 9:47 am to slackster
Who said anything about holding long term?
I'm just gonna ride the wave. up since I posted this thread almost a dollar.
I'm just gonna ride the wave. up since I posted this thread almost a dollar.
Posted on 6/3/13 at 10:52 am to L S Usetheforce
I saw tvix which is the same thing was up 8% today, which made no sense to me bc I thought these etfs rose when the market plunged?
Posted on 6/3/13 at 1:53 pm to L S Usetheforce
Great risk analysis ...
Posted on 6/3/13 at 2:15 pm to ThaBigFella
quote:
Time decay is not on your side
Agree. These for the most part are day trading instruments. Anymore than that and the decay kills you.
Posted on 6/3/13 at 2:25 pm to LSU0358
I haven't held it for longer than a week.........but it's a such a good price per share and moves 4-5% at a day sometimes that you can sell off and get back in within the week.......
Like I said I am in no way saying I'm holding this long term........I just playing 3000 shares at a time and hitting them for sales when I get to .40 limit sell.....its a 1200 dollar clip and in the last 3 weeks I've pulled down 4800 bucks playing 15k at time......
It just a series of Limit orders I have set......
Not holding this at all, I just think their will be volatility all summer.
Like I said I am in no way saying I'm holding this long term........I just playing 3000 shares at a time and hitting them for sales when I get to .40 limit sell.....its a 1200 dollar clip and in the last 3 weeks I've pulled down 4800 bucks playing 15k at time......
It just a series of Limit orders I have set......
Not holding this at all, I just think their will be volatility all summer.
Posted on 6/3/13 at 2:29 pm to L S Usetheforce
quote:
their will be volatility
I won't grammar nazi this thread.
Posted on 6/3/13 at 2:54 pm to Cmlsu5618
Thank god.......you'd really make your point that way.
Posted on 6/3/13 at 3:29 pm to L S Usetheforce
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News