Boiler Room: The Official Stock Market Discussion

[Ohene]

let me see if I can find it. I keep debating how to short the vix here.

That Twitter / Yelp L i took plus the Blue Jays have inspired me.

Have made money off the SPY in both directions over the last week. 5 day winning streak. Can't say I ultimately know where its going from here though. I think it stays between 206-210 going into the September FOMC meeting.

 

[Domingo Halliburton]

long XIV at $45.87

edit: I should just take the 100 bucks here rather than betting on the open to be green tomorrow. not bad for an hour trade.

but the last time VIX touched 16 it fell to 11 two days later.


edit 2: keep going.

 

[Domingo Halliburton]

Nasdaq 1 point away from moving 100 points higher off the lows today.

 

[无名的]

long XIV at $45.87

edit: I should just take the 100 bucks here rather than betting on the open to be green tomorrow. not bad for an hour trade.

but the last time VIX touched 16 it fell to 11 two days later.


edit 2: keep going.

You have to be the most conservative trader in here among a gang of degenerate gamblers.



The MelYeah of trading

Spoiler

I know my people get that

 

[Ohene]

i knew it was going to go green. But my dumb ass sold my calls for a $500 profit...bought puts and then lost $600 to end my win streak. Life

 

[Domingo Halliburton]

You have to be the most conservative trader in here among a gang of degenerate gamblers.



The MelYeah of trading

Spoiler

I know my people get that

haha. yeah it is conservative. but if i'm playing the vix it's always real short term. I'm still holding, I was just looking to scalp. China could fukk around again tomorrow and we're down another 30 points on the SPX when I could've just taken the hundred bucks. Guess it's a 'pigs get slaughtered' mentality. I have like 3 more grand I should have used to make the trade.

As it stands now I'm up $176. Which isn't bad for like an hour-and-a-half or so. They always like hammering the VIX at the close so I'll probably hold through tomorrow.

I should have done what I initially said I was going to do and buy puts.

 

[Domingo Halliburton]

Never ends with china...

 

[Domingo Halliburton]

Notable opening imbalances: $BAC -115K, $JPM +45K, $BABA +169K, $TWTR +64K, $T +87K, $S +232K, $WMT -33K

 

[Domingo Halliburton]

this is twice this has happened in the last couple days.

company does secondary offering and the stock is somehow up.

FCX and TSLA.

edit: Shake Shack is falling after they announced their secondary at least there's some sanity here.

 

[Domingo Halliburton]

who's going to come in and save us from dropping today? AAPL or GOOGL?

 

[88m3]

who's going to come in and save us from dropping today? AAPL or GOOGL?

well it wont be oil.

Why did APPL his such a wall in the first place was it poor sales/performance?

 

[Domingo Halliburton]

well it wont be oil.

Why did APPL his such a wall in the first place was it poor sales/performance?

it's fallen since the earnings. they sell a lot of product in China and there has been weakness there.

I think down 15% or so is a bit of an overreaction though.

 

[Domingo Halliburton]

who are these idiots buying 18-20 strike calls on VIX that expire next week?

China is going to have to blow up another port town and devalue the Yuan 10% for this to be in the money.

It's going to have to be some big macro shock because earnings haven't pulled the market down.

 

[jdubnyce]

also..get in GoPro yall..this is your chance

Up 5% today. Didn't bite yesterday, should I get in at $60

 

[Domingo Halliburton]

http://im.ft-static.com/content/images/4137954c-ccd4-11e4-b252-00144feab7de.pdf

Ray Dalio comparing now with Fed tightening on the horizon to the Great Depression and 1937