iPath S&P 500 VIX Mid-Term Futures (NYSEMKT:VXZ)

CAPS Rating: 1 out of 5

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Player Avatar TSIF (99.96) Submitted: 8/22/2011 9:56:06 AM : Outperform Start Price: $60.65 VXZ Score: +1.54

Ouch...most of my wrong way thumbs are "rushed" calls..this one set open all weekend and I didn't notice I'd goofed it! My subconsious at work again?? Should I short myself?? A hedge against all the other volitility short term ''''oooopppsies'''? Hmmm. At least it kicked in on an "undershoot". I think Volitility has no where to go "currently" but down....we'll see who wins this round....my ooooppps or my analysis.....??

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Member Avatar anchak (99.84) Submitted: 8/22/2011 2:14:02 PM
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Your analysis - give it a few days .....

You may ride the 7 day rule - and if VIX crosses 60+ - you may get out >0

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Member Avatar TSIF (99.96) Submitted: 8/22/2011 2:45:41 PM
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They are mid-term futures which are much slower to respond. (Which is one reason I didn't call them down weeks ago when I got stuck with the other VIX ETF's running amok.

I might get out of this one. My wrong way thumb ratio is currently at about an 80% win rate. Again, I should just short myself!!! ;)

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