As a long-term buy and hold, VXX is doomed by its future carry risk, but in the immediate, the product can be used effectively to trade and manage volatility.
Right now the SPX and VIX are presenting the market with an incredible opportunity.
I think Apple and Facebook are due for a dive based on skew structure in front of earnings.
When it comes to event trading it always pays to wait, and/or take the sure money.
I will trade JCI utilizing an approach I dubbed "Linking", incorporating fundamental analysis just like Stephanie and Cramer do with Action Alerts Plus.
I think the VIX will go up and up and up even as the market sits here no matter how overpriced VIX is. Why? Because there is nothing else to buy.
How long with the VIX stay below 15?
Mark Sebastian of Option Pit doesn't like Apple stock as a long-term trade, but is bullish on the volatility for a near-term strategy.
Picking the top is not something any of us can do well, but taking profits is.
If you are unfamiliar with VIX derivatives, this is the week to watch the VIX options and futures move.