Shorted the VXX

I shorted the VXX just now with short term puts at 33 and change.  The VXX is likely to COLLAPSE.  Not permanently but at least maybe for a day or two… it is extreme overbought and this VXX can really drop like a rock with fear easing off only a little bit…

I am also seeing a volume sell signal on the VXX right now

Posted in Online Trading

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