ProfitHarvest

[TVIX] The Future Has Arrived.. SPX Falls Some, TVIX EXPLODES!

Panjang
NASDAQ:TVIX   None
I've been calling this for three weeks now and been holding most my TVIX since May 18th among other inverse plays.

Just made some revisions to my OG idea and cleaned up the lines a bit to try to dial in the up spike here.

Here's all your entry and exit price targets from May 26th:

All that holds the same today.

TVIX still much better risk/reward than VIX.

We already blew past most my entry targets straight to the 'Okay Value' range of $205-$280.

I will not be buying above $205 personally because 'Okay Value' doesn't fit my investment strategy. However for others it may.

Investing above $280 becomes increasingly more risky and should be approached with caution.

I reupped all my shorts yesterday ~15%, just in the nick of time! Will likely reup another 20% if it dips back under $200 but depends on a lot. I'm very comfortable with my 25-30% portfolio short position (PRIOR to the explosion today).

I'm holding till at least $400 as indicated in my OG idea.

Gonna take a quick victory lap and tag all my best TVIX Long ideas and SPX Short over the past few weeks :).

Probably best to let this one ripen a bit before you harvest! B)

Data analyst with a passion for best fit lines B)

Idea Berkaitan

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