Tag Archives: UVXY

Hindsight Trader: Going over Quick Trades from Today & Tomorrow’s Targets

Looking back at today’s trading day, the biggest theme for me was keeping all of my trades small. I was not sure if today was going to be a gap and trap or a gap and go. In a way it ended up being kind of like both with the morning and early afternoon acting pretty weak and the afternoon ripping higher. Much of my trades were trying to fade the move with 1 being successful, 1 being a marginal success, and 1 a nice quick gain. I will outline what I think I did right and wrong in each trade. Then I will go over my two trades that I have on for tomorrow and what my targets are for each.

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Weekend Recap: How to Trade the Market this Upcoming Week

As I am writing this, the S&P 500 is down 20 points in the pre-market, looking to extend its losses from Friday. In order to navigate this weeks markets, I am going to lay out a few scenarios that I see happening tomorrow and how to play each. While it is hard to make a prediction for how long the selling will last, given that this is such a shock to markets and we have only seen one day of trading post Brexit, I will give a few trades that I will be watching, both short and longer term.

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Daily Recap: Adding Short Premium Trades

All this week I have been singing the same tune, that is, I believe that premiums are too expensive this week. I still believe that the implied volatility is way to high for the move that we will see after the Brexit. In turn I am playing it multiple ways to capture the potential of an IV collapse. I will go over my reasons for each individual trade, and also what the risk/reward is for these as well. Here are the trades

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Daily Recap & Trade Analysis $TSLA $UVXY $NFLX $TWTR

Today’s trading session was pretty quiet, as we did not have many big movers during the day. LNKD was the big story of the morning as it was bought out by MSFT for $196 a share, a move that I think bailed out LNKD from lower prices. The stock has not shown consistently strong earnings and most recently tanked 50% on bad earnings. For MSFT to pay up to 100% higher than where it stood a few months ago I think is absurd. Elsewhere, we saw the VIX have a tremendous day, in which I was able to capture some of the move late in the afternoon (by trading UVXY). Besides that there were not any big intraday moves rather a few fades on big cap tech names, specifically TSLA and NFLX. I will go over 3 of my trades today, and why I did them. I will then discuss what I am watching for tomorrow’s sessions.

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