OASIS FORUM Post by the Golden Rule. GoldTent Oasis is not responsible for content or accuracy of posts. DYODD.

SQQQ V.S. VXX-Everyone’s scared sh*tless to go long vol–just like before the March crash when my VXX calls were $10

Posted by Richard640 @ 13:07 on June 9, 2020  

You can include me in that group too…I’ve still got my VXX profits…maybe I’ll pick up an ole 500 SQQQ 9.50 calls at the close today, against my better judgement…at tops, bullish arguments are irrefutable=the FED guarantee–nyse a/d line at record high-FOMO–TINA,,,why step right up, cousin, there’s just no way you can lose…10%

out of the money:

VXX June 19th $34 call=$102 each
SQQQ June 19th $9 call=$21 each
 
15% out of the money:
 
VXX June 19th $35.50 call=$77
SQQQ June 19th 9.50 call=$11
 
In the money calls:
 
VXX June 19th #30 calls=$238
SQQQ June 19th $8 calls=$52

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.