Friday, February 22, 2013

Hold 100% XIV

Both systems will maintain their long positions. The JT Comp remains 100% long XIV. I will continue to hold mine. Thanks and have a good weekend! J

19 comments:

  1. Congrats on a great call J. Too bad I was 1 day early, I can see why you follow 100% signals. Selling SDS calls worked out fine as well today, although proper position sizing requires some more calculation. I kept up with XIV until my diminishing delta came into play.
    I have tried this srategy before with SPY options but that didn't really work out as you have to pony up a lot of margin. SDS/SSO have double margin requirements but with the leverage and the price at 1/3 of SPY it is a better deal.

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  2. Replies
    1. Hi Al Are you having any problem with IB charts

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  3. No, mine seem to be working fine. What problems are you encountering?

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  4. Sorry for the Penney post. That's my daughter playing around with my Google account.

    Alex

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  5. no problem so yours working fine right

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  6. I don't understand, Alex. If you're not having problems, why would you ask if my IB charts are working well?

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    1. I think the no problem was in reference to you posting on your daughter's account.

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  7. I am having problems Al with IB charts so i wanted to know if you re having any problem or just me

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  8. Looks like unload xiv at open was the play!

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  9. I unloaded my XIV prematurely on Friday since J made a post stating we would probably be going back to cash. I set up a stop at 22.00 and it hit it and sold for 21.99. After this morning I was like damn I should have kept it, but I guess it worked out as a positive trade in the end so I can't complain.

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    1. Watch the hindsight-posts, Jared

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    2. lol you're funny JKH. I know what you mean about hindsight posts with certain individuals on here, but I surely didn't make a killing so I wasn't out to brag. You're too busy scouring this blog to find people lying or something...I would rather you explain your posts more so I know what the heck you are talking about most of the time. You seem to be here to babble a whole lot about what you do on the side, but it seems like you don't even follow J's system. Would you like a picture of my trade to make it official?

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    3. Same happened to me. If I want to cover options I will have to do that before market close. I covered half on the same post and felt the same. Currently I am about breakeven, performing a bit better than XIV, although XIV did quite better at the open.

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  10. Holy... Anyone ditch their XIV this morning? :-/

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  11. Not me. What do the systems say for today?

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  12. Unfortunate the system was smacked today. Quite a turnaround in the markets intraday.

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