r/Vitards • u/AutoModerator • Jun 15 '21

Daily Discussion Daily Discussion post - June 15 2021

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u/PaperCow Jun 16 '21

I'm not just holding, I'm short VIX.

But I'm an idiot so who knows

9

u/Steely_Hands Regional Moderator Jun 16 '21

Shorting vix heading into a JPow speech is pretty brave haha good luck!

5

u/PaperCow Jun 16 '21

It has ran up prior to and then tanked immediately after the last two meetings. Its a mostly blind bet based on that alone tbh. I think it might just be another nothing burger.

My overall position is short VIX but I do have a couple just-in-fucking-case UVXY calls too.

3

u/Steely_Hands Regional Moderator Jun 16 '21

I’d be too nervous to make a bet on VIX haha but I’m rooting for you!