VXX

nyse25

Do VIX ETN's count? You can trade some of them like VXX but not VIXY even though they derive from the same instrument , /VX30.

OmgJosh925

I haven’t gone to the dentist since before Covid. Mostly both because I’m lazy and I’ve never had a cavity. Then my family dentist died so I go to another and they say I had 8. It’s been well over 5 years and no aches or anything to infer progression of cavitation. Dentists have the highest suicide rates because most are scammers that can’t live with themselves. Get an electric toothbrush and floss and you’re good. OP, convince your family to follow your position on those VXX calls. HELOC and yolo everything in the bloodline so you don’t fall into the trap

Pax-Britanica

This ninja saying calls ON VXX. He ain’t wrong at all, not one bit. Those are going to be your money makers ma little regard

obeysanic420

holy fk im dying OP gona put that 2 bands to VXX calls and go back to 0

anddocallmeshirely

Fair enough. Best advice in that case is to become some sort of dental criminal, breaking into nursing homes, hitting geriatrics with nitrous, stealing their gold fillings and prescription pills, selling that shit instead alongside your bussy behind the nearest Wendy’s and of course full porting all of your earnings into UNH to hopefully at least pay the principle of your current loans with dividends… Or maybe those VXX calls will work out I guess, I don’t fuckin know

kcyc2123

Huge $VXX calls getting bought…40c https://x.com/salmaogs/status/1956402342296719405?s=46&t=eBcWtMH8ZusdmKUkgtRuag

SavedSaver

I have VXX longs $1 higher, even few days of drop in the market may make them fly make them fly. Look at the weekly chart.

General_NEARD

Yeah, I have some VXX put credit spreads 41/40 that I picked up when VXX had dipped to 41.10 for the first time. I thought there was no way it would drop below 40 with all the pending data this week... but here we are. lol...

SavedSaver

I am long hi beta stocks so while I am underwater on VXX it's not critical yet

friedbymoonlight

VXX keeps chopping between 39,40 and 39,52.  It’s going to break in some direction 

tendiemountain

VIX plays are really interesting. We know something bad will happen and VIX will spike eventually. That will pass and it will come back down. All you have to do is buy when the VIX is low, sell when it is high and short when it hits the top. Really simple. Yes. Unfortunately, it isn't that easy. It is important to understand how the VIX works. It is based on futures contracts and is very complex. All of the VIX ETFs balance different contracts to represent the VIX as best as they can and what they are trying to do. Sure, some of them are close but none of them are perfect. I wish I could explain it better/beyond that but I am just a regard. You have to read up on it if you are going to play the VIX/UVXY/VXX/etc. Then there is the aspect of leveraged stocks. This is extremely important to understand how they are rebalanced. In the right environment, buying leveraged stocks are a goldmine. For example, this last run up since the tariff announcements. It works differently when things begin to chop because on how they are balanced. A quick example would be QQQ and TQQQ. Why aren't we all invested in TQQQ? Stocks will go up. 3x leverage is a sure win? Look at Nov 2021, the height of COVID recovery, QQQ is \~411 and TQQQ is \~92. Fast forward to today, QQQ is 575 and TQQQ is 92.5. If you had invested money in QQQ, you would have gotten a huge gain. TQQQ? Absolutely flat. This is because of the rebalancing and decay. Again, I'm just a regard and this is above my pay grade as well, but it isn't near as simple as it appears at first glance.

General_NEARD

Still holding? VXX got drained on Friday's steady rise. I'm thinking Tuesday's pending inflation report will give it a rise again end of day Monday and maybe through the week with additional economic reports coming out.

-A-7

To do what I think you’re looking to do, you’re going to want to buy derivatives off VXX or other similar products. Not the actual VIX itself.

TheRealSlobberknob

The index itself. I use Robinhood, but before they added the index, I used VXX.

alone-in-the-chat

Is VXX ok?

XXLepic

Time for VXX VIX buying 😂

XXLepic

IM ALL IN ON VIX. VXX. EASIEST MONEY ON EARTH. Profit from tariffs just like April catch. Easiest money ever.

Puzzleheaded-Image-4

Bools say NO! VXX says GO!

RillTread

How long do I hold these $42 VXX calls that expire eod? Up 345% lmao

RillTread

Probably should sell my VXX calls that are up 340% huh?

SavedSaver

buying VXX at this level is an assymetrical opportunity

RillTread

Bought VXX calls at exactly the right moment

NomSaneMan

Nah. Vix calls are second derivative. You want VXX calls to get to the 3rd derivative

Puzzleheaded-Image-4

I'm selling all of my US stocks and going 100% VXX until the correction is over. WCGW?

Direct-Spot-1693

VXX

General_NEARD

Of course they don’t trade opposite. Only assumption is you implying I thought that… that’s _literally_ an assumption and a blatantly obvious one that’s incorrect. VXX holds support where it’s at now and decays when the market ramps up. You can correct me on this one, because I don’t know precisely how the math works, but I’ve made money on it almost every time, so a rough understanding is probably good enough. 🤷‍♂️

Striking-Block5985

Lot assumptions there, and GLD , SPY don't always tarde opposite I think thats a rather crude way of investing VXX is decaying instrument btw , garanteed to lose money over time, it is never intended to be something on hold overnight, it resets every so often and prceeeds to zero again

jesuscat2000

Appreciate your input solid points. Just to clarify my approach, not to push back: • Yes, short-dated expiry was intentional. It’s a high-conviction, event-driven setup (FOMC + earnings week). Full risk accepted from the start — it’s a leveraged, asymmetric play. • The market environment (low vol, contango) is exactly why the VXX decay thesis works here — unless there’s a volatility shock, the structure favors continued drift lower. • On execution: Not 500 contracts at once. I scale in tactically, using limit orders to control slippage. • Delta 0.80 is deliberate. This isn’t a volatility play — it’s a directional trade with defined timing and risk. Would be curious — if you were given this structure, what tweak would you make without changing the intent? Longer expiry? Lower delta? Always open to sharpening the edge.

RicksDev

**I asked an AI to analyze this and this is what it came up with (curious what ppl think about its analysis):** Analysis of Your VXX Put Option Strategy I've analyzed your proposed VXX put option play and have several important observations and concerns to share: Key Concerns & Issues: 1. Expiration Date Problem: You're targeting August 2, 2025 expiration, but this is only 5 days from your execution date (July 29) This is an extremely short-dated option with massive time decay risk From the volatility surface, I don't see August 2nd as an available expiration - the closest is August 1st (4 days) or August 8th (10 days) 2. Current Market Environment is Unfavorable: VXX has been in a strong downtrend: -13.8% over the past month ($48.05 → $41.40) S&P 500 at record highs: Market summary shows continued bullish momentum with low volatility VXX volatility surface shows elevated IV: 80Δ puts for Aug 1st showing \~39% IV, Aug 8th showing \~39% IV This suggests put options are already expensive due to the recent VXX decline 3. Liquidity & Execution Risks: No specific liquidity data available for VXX August options Your $0.30 bid-ask spread threshold is reasonable but may be difficult to achieve on short-dated options 500 contracts ($105,000 total if filled at $2.10) is a substantial position that could face liquidity constraints 4. Strategy Logic Concerns: VXX is mean-reverting by nature - it has built-in decay from futures contango Buying puts on an already declining volatility product in a low-vol environment may be mistimed Your 0.80 delta target means you're essentially betting on continued sharp decline Market Context: Current VXX price: \~$41.40 (as of market close) Recent performance: Down over 13% in past month Broader market: S&P 500 and NASDAQ at record highs with subdued volatility VXX has earnings tomorrow (July 29) which could add unexpected volatility Questions for You: What's your thesis for expecting VXX to continue declining significantly in just 4-10 days? Why such a short expiration? Wouldn't longer-dated options reduce time decay risk? Have you considered that VXX might be near a short-term bottom after a 13.8% decline? What's driving this timing - is there a specific catalyst you're expecting?

No-Improvement3164

VXX penny’s from 52 week low

JewelerCautious9365

Betting on VXX with deep ITM puts in a tight window? Bold move. If vol crushes early in the week, it could print but if we get a macro shock or chop, theta's gonna eat you alive. Risk/reward’s tight, so timing better be sniper-level.

tachyonvelocity

The range of roll costs is extremely high, because black swan events are by definition not predictable. The roll is usually negative (a cost, due to contango) because there is more time for unpredictable events to happen (2 month out vs 1 month out). The roll can also be positive (a roll gain, due to backwardation) because volatilty is expected to fall in the future. This can happen immediately after a high volatility event, like Covid, liberation day, etc. but does not last long because the market will eventually demand a premium for time. This M1-M2 spread can be summed up as "the amount of volatility increase market participants expect in the future." In options lingo, this is similar to Gamma, so if you long VIX then have Gamma exposure. It can also be described as an "acceleration." The spread is high if market expects an acceleration of volatility in the future. If the expected volatility increase is not realized ("the predicted bad events don't happen"), then the spread is reduced, M1/M2 fall quickly and UVIX loses a lot of money. If the volatility event does happen, then the spread closes, as spot VIX increase, and will sometimes increase higher than M1. If the event is bad enough (trade war for ex) then M1-M2 changes to backwardation because really bad events are not expected to affect markets for a very long time. So what kind of periods can be thought of as "markets expect an acceleration of volatility in the future?" As I described, post-black swan events, volatility is actually expected to fall. However, as volatility falls as expected, the volatility event causes aftershocks like an earthquake, for example fear of the event causing real harm to the economy. So post-volatility events when volatility falls is when you see a high M1-M2 spread. An example is post-Covid. The spread is also higher when expected volatility is so low, that spot VIX falls to low 10s, or even single digits. In this case, volatility is expected to accelerate because such a low VIX is also abnormal. An example is 2016-2018 due to Trump's first term simulative tax cuts. Now to put some numbers, VXX is the ETN mostly showing roll costs, because it's not affected by things like leverage decay, so if VIX futures are unchanged, VXX rises or falls purely based on rolling futures. VXX is down close to -100% since inception, but there is an average yearly rate. T**his turns out to be around -45% per year, or daily, around -0.02% to -0.03% per day.**

aDonkeyWithACarrot

But if you think market will react then why would you buy VXX puts? Sorry I'm a bit regarded

Long-Blood

VXX

Kachowxboxdad

In case I’m right, I also bought VXX 43C and SPY 630P for tomorrow

kenji213

near-expiry UVXY (or other VIX-tracking shit like VXX and VIXY) just in case taco does some stupid shit at the fed in the next 30 minutes

Aggressive_Luck27

IMO long volatility (e.g. VXX, long straddles, etc).

Glad-Indication2173

!banbet VXX 100% 4w

Glad-Indication2173

!banbet VXX 100% 1m

Direct-Spot-1693

I put $105K into VXX yesterday. Spy RSI maxed. If tech earnings are weak or weak guidance, down we go.

Kachowxboxdad

Bought puts at the SPY top today because w the JP news there’s no reason for it to keep pumping to new ATHs but it took a moment to drop today VXX was less impressive vs just buying puts

Kachowxboxdad

Oh cool ATH for SPY VXX 45 Calls it is

greyenlightenment

amazing how VXX is flat YOY despite rising market

Direct-Spot-1693

I put $110K into VXX. Waiting for a market dip, sell at 20% profits, short it, profit again, reinvest, repeat. It’s free money.

Kachowxboxdad

Holding Gold and VXX in case 🍊 fires JP or we get a classic weekend dust up

Direct-Spot-1693

As someone who has $100K in VXX right now, if that happens, I’ll meet you behind the Wendy’s dumpster simply as a thank you.

Carlos_Duncan

I also have VXX

Happy_Discussion_536

Probably means VXX or similar etfs.

Ordinary_Basis_1599

I got stop-loss out off my NFLX yesterday which locked in profit. Thank Fuckin Gawd! Thinking Monday get 7/11 VXX 49calls, wait for the Tariff Fiasco selloff and then use $$$ to buy NFLX 7/25 1400c and META 760c Sitting out tomorrow and watching Mango & Congress fight while I day drink sounds better than sipping coffee and messaging with you dorks

penguincheerleader

VIX rising 5% and VXX falling 1% is not a situation I understand.

Notonfoodstamps

VXX & UVXY both being greens while SPY is +.52% mean we are about to plummet into oblivion by close

freeze123901

VXX. Wait for Trump to do something miraculously stupid. Profit. Put in SVIX. Ride it down. Wash. Rinse. Repeat.

d33p7r0ubl3

VXX too

penguincheerleader

Just put for me, but when VIX is below 16 you can look at VXX covered calls as one of the safest plays ever for a 1 to 10 percent gain.

pp0787

How do you use VXX as an income stream ?

nomemory

Not necessarily. Crying in VXX.

rcnuts1

I hear ya! Im holding VXX right now. Down about 5% but as u know that changes quickly. If I lose, I lose. Im in the camp poo is going to hit the fan in the near future.

ElectricalGene6146

Who’s got VXX calls bc shit is about to get wild.

Soybeanrice

there was a time during covid-era where i had VXX calls open at 400% gain and disintegrate to a 50% loss in 30 minutes. I was in a meeting and came back to to shambles.

OurNewestMember

You may not be able to trade VIX futures options. Brokers don't offer to trade and clear all listed products available on the exchanges they offer trading on. So in power etrade, you should see the VIX options chain has listed products, quotes, etc. But when you search something like /VXQ5 to see the VIX futures (this one is August), the futures option chain may have funky quotes and not be tradable. Regarding the confusion, futures accounts and securities accounts are separate. So if you trade VIX or SPX index options or SPY ETF options or AAPL stock options, those are generally subject to securities rules and are carried in your securities accounts alongside other securities like stocks, ETFs/ETNs, treasuries, CDs, corporate bonds, and so on. If you trade futures like VX outright futures or NQ futures options or ES futures calendar spreads, that is carried in your futures account and is generally subject to commodities rules. If you could trade VX futures options, that would occur in this account, too. Separate accounts also means separate margin. If you trade VIX calls and hedge with VX futures, you're going to have one margin requirement for your VIX positions in your securities account and another requirement for your futures account (ouch). For better or worse, you can use exchange-traded products to get exposure to futures or other derivatives trades in your securities account, eg, you can use the VXX exchange-traded note (in your securities account) to own a share in a fund holding short-term VIX futures (however it's common for these to be margined at 100% instead of 30% or 50%). To make it more confusing, retail brokers may have futures departments who are also responsible for trade, margin, and permissions questions for index options (...products which are not carried in the futures account). Part of trading is understanding these differences and shifting risk between the accounts (and therefore products). Different products (and also exchanges and clearinghouses) also means different notional sizes/multipliers, different settlement times/procedures, different market centers (eg, different costs/liquidity), different clearing procedures and so on. VIX options can be particularly confusing for determining margin (special margin rules, especially for calendarized spreads) and moneyness (relationship to VIX futures), but the main point here is that you can expect VIX options to be carried in the securities account and VX futures and futures options (if tradable) to be carried in the futures account.

1cl1qp1

VXX

Krammsy

Au contraire, you can gamma scalp by shorting VXX, UVXY or UVIX or long SVIX, it's usually a very boring gradual upward slope with periodic explosions, April was insane. The reason I do that is that very often the VIX explodes late night when you can't sell the option. I do the same with SPX and a few commodities.

TracyM45

Second wave heading to Iran $VIX to the moon $VXX

Andyh10s

Dammit sold my VXX weekly calls on Tuesday

rackrate

I knew this since yesterday but why didnt i buy oil stocks or why did i sell VXX 1dte at a loss...

prettypositron

Bought OXY, VXX, and GDX in the 24-hour market.

ElectricalGene6146

TLT, SLV, GD, VXX, USO. War time boys.

Notonfoodstamps

VXX hasn’t moved in an hour, there’s is no way this shit stays green today

Notonfoodstamps

VXX not budging is all I need to know

Notonfoodstamps

VXX didn’t even move during that green nonsense. We getting rugged

Glad-Indication2173

!banbet VXX 15% 1w

smitra00

Short VXX with stop loss set at 100. Close and reopen with profits reinvested when VXX drops significantly relative to the VIX futures (you then choose a proportionally lower stop loss). You can earn about 50% or more per year this way.

iamwhiskerbiscuit

A whole lot really. Every respectable economist is predicting a recession in the second half of the year including several dozen Nobel prize winning economists. Dollar is dropping, gold is rising, personal debt is rising, debt ceiling expected to go up $5 trillion, us credit downgraded by Moody's, no trade deals yet. 30 year Treasury bonds near 5% and Fed is buying up debt to prevent a full blown crisis. Economic data is looking screwy... Economists are having trouble trusting that inflation cooled right after Trump implemented tariffs and jobs are up after receiving historic high unemployment claims. And we could get black swanned any day if Japan or China unloads their US debt in retaliation to Trump's lies and bogus accusations. And if Trump's BBB can't pass Congress, the corporate tax rate could go from 21 to 35% which could easily tank the market. since the tariff pause, the market has just kept going up and up and most experienced traders are shocked this mechanical rally cleared all major SMAs post death cross while market fundemtals are still shit. Really not a great time to open a large long position here. I think you'd be better off simply buying VXX below $50 and waiting for recession fears to trigger a 50+% spike.

Lebowski304

VXX and chill. Only a matter of time https://preview.redd.it/7co8082wcj5f1.jpeg?width=1179&format=pjpg&auto=webp&s=6c8647ca34b2b44607789c029d96e99afaf0f1b9

tropicalia84

SPY down over $2 from the lows and VXX/UVXY/VIX making low of day lmfaoooooooooo Bears getting DP'd by dip buyer sand vol crush

tropicalia84

VXX, UVXY, VIX still cratering About to have a massive pump very soon

Notonfoodstamps

VXX isn’t even green yet. We are gonna slide hard today

Notonfoodstamps

VXX dumping with SPY is weird AF

Notonfoodstamps

VXX about to go green when QQQ is .45% up? Yeah, this is rug set up for sour hour. We couldn’t even break opening

RevolutionaryPhoto24

Trying to decide whether to roll these June calls - they are actually on VXX, but holding the cash settled ones as well, so… they are expensive.

RevolutionaryPhoto24

I just added the QQQ’s and SPY for the fall. Thinking of rolling VXX calls out as well (have VIX that expiry,) but it’s expensive and I’ll be annoyed if there is a spike….

RevolutionaryPhoto24

Having trouble using inverse ETFs to hedge. Or perhaps accepting the reality of “rebalancing.” Maybe going back to long-dated puts and VXX calls at 2ish effective gearing….

rackrate

fuck i loaded up on Puts and VXX calls

theineffablebob

Thanks will buy $100k VXX

bkko123

I actually learned about this stock because I typed VXX wrong lol

Savik519

Instructions unclear, calls on VXX

voxpopper

Buying some VXX for insurance for over the weekend might not be a bad idea.

Notonfoodstamps

VXX & UVXY waking up again. This shit is about to get skippy

GreaterGlasgow

97% of my account shorting NASDAQ, 3% shorting VXX. so atleast if i become homeless i can buy a beer.

RevolutionaryPhoto24

Annoying (have VXX calls.)

Notonfoodstamps

VXX staying entirely flat through this melt up is telling me everything I need to know

Tough-Tone-4165

volatility index drops a full pt and SPY just acting like nothing happened, this is so fucked its probably going to dump. At this rate VXX would have to dump 3 whole pts for SPY to reach 579. Make this shit make sense

anonkraken

There are two green things in my watchlist. One is VXX and the other is \_\_\_

RevolutionaryPhoto24

Probably start selling SPXS, SQQQ, VXX, etc calls with nearer expiries. Holding longer dated and various puts. Writing a few calls/puts if something blows up or plummets…

rackrate

This is going to the the easiest short of the year. Look at the chart since the Liberation Day. It's time for a pull back. PLTR Leap poots UNH July poots VXX June calls

Tough_Bug_783

Fav kinda day when VXX is up and so is SPY

Tough_Bug_783

Fav kinda day when VXX is up and so is SPY

korbs23

VXX up on a Sunday night, will be sleeping like a baby

TheWifeysBoyfriend

I'm long GLD, VXX, TLT through vertical spreads. Long SPY shares, Short SPY through vertical spreads. Have a few oil companies I have short puts on. Intraday I'll be scalping futures. Looking back at 2011 and 2023 downgrades boosted volume and volatility. Overall bearish reactions with sideways choppiness or bearish movement short term. I'm looking to stay quick on my feet and bias my trading to the downside.

TheWifeysBoyfriend

I get why my original comment got downvoted. It probably came off as a hindsight flex. But I did read the thread, and I actually agree with the OP’s broader point: sentiment on here flips hard, and that emotional whiplash is something I try to trade around. I wasn’t trying to brag about calling it perfectly. I held long through most of the decline, but I had cash on hand and used it to buy when sentiment hit peak fear. Then I fully exited all my long positions during the euphoric bounce. On the following dip, I rotated back into long delta. I wasn’t trying to call tops or bottoms, just responding to sentiment extremes while staying flexible. I’ve got short puts and put credit spreads on energy, finance, rare earths, and metals. Long volatility via call spreads in VXX. Some protection with put debit spreads in SPY. SPY shares are running with a trailing stop. I’m still net delta positive, but I’m treating this bounce like it could be a dead cat unless proven otherwise. As for the “last 4 months were wasted” comment, I see it differently. Those months let me reposition, rotate exposure, and reduce risk. That time wasn’t wasted. It was opportunity if you were active. Anyway, appreciate the pushback. Tone got lost in my first comment, but the idea was just to show how sentiment-based trading can work if you stay unemotional and tactical.