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      07-23-2012, 04:09 PM   #1108
Private First Class
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Drives: BMW E90 LCI
Join Date: Feb 2010
Location: BC, Canada

iTrader: (0)

Haha well Sam go take a look at the CBOE website and find the vix futures page. In the morning when spot vix spiked, the premium reduced from 3.00 to only 0.6. However, it's now 1.81 and that typically favors XIV over UVXY more for tmr. All in all, I made 8 trades today with a 100% win rate, so I can't complain! Took a small XIV position for tmr, I'm thinking we get a flat to small up day, maybe intraday reverse later. Btw, GDP this Friday. It's going to be around 1% IMO, but est. are out for 1.7%. The win for that trade will be whether it turns into a good trade because of Tuesday's FOMC, or just plain ugly all together.