As a swing trader I look to take advantage of major moves in any market, typically 1-4 day holds with a goal of 5-10% on real money.
The broader indices were green Monday and all looked good until Secretary of State John Kerry cited clear evidence of chemical weapon use in Syria. As soon as I saw the headline on the front of the Wall Street Journal the SPY started to rollover hard so I picked up TVIX.
03:14 pm Jason Bond: Bought 30,000 TVIX at $1.61 text / email to follow
03:44 pm Jason Bond: Sold 15,000 TVIX +5% +$1,200 at $1.69 keeping 15,000 overnight
09:33 am Mike D: Out TVIX @ $1.84. $200 overnight. Met my weekly goal. Thanks JB.
09:34 am Ron B: Out TVIX 1/2 at 10% & 1/2 at 11% Thanks JB
09:36 am Carolyn H: congrats JB! I posted 10% on TVIX trade earlier this morning. Thank you.
09:46 am Jim M: Thanks JB TVIX a 12% profit
09:59 am Cynthia S: in TVIX $1.71, out @ $1.82 for a profit of $540, thanks jason