The popular trade for money managers, hedge funds, and investors right now. Works until it doesn't.

Volatility Trades Get Reborn as Market Split Spurs New Short https://www.bloomberg.com/news/articles/2018-08-22/volatility-trades-are-reborn-as-two-tier-market-spurs-new-short

Here is a summary of my current positioning and trades.

Closed Positions Today

0

Opened Positions Today

1. Bought More XOP Puts September-21st-42 Strike at 1.40

Current Short Term Outlook:

1. Bullish Volatility
2. Bullish Gold Miners
3. Bearish Oil & Gas Co's

Current Open Positions:

1. Long VIX Calls Sept-19th-12 Strike (Cost 2.80)
2. Long GDX Calls Sept-21st-20 Strike (.60 Average Cost Basis)
3. Long XOP Puts Sept-21st-42 Strike (Cost 1.57)

14 Closed Trades in August

13.78% Average Gain per Trade in August

Submitted August 23, 2018 at 12:29AM by JayFig_The_Trader https://ift.tt/2BAay4W