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What does your VIX gamble look like?
by heymijo 7y ago
What does your VIX gamble look like?
- ohiovr 7y agoIt was vixy. Started at $20.85 on feb 28 and held onto it till this morning when I traded it around $47 for tvix at $590 or so. Holding on until something more certain comes up. I am looking for a general spending plan by the central government that will support the lower part of the economy and small business backbone life support line. The cost would be something like $1000 per adult one time (we can do this again later if we have to) and a negotiable short term life line to small businesses. A bureaucracy can price that per business in a reverse auction or whatever. The total cost on this exercise is around a trillion dollars. We can easily finance this at these low rates on the national debt so certainly we can survive it financially. Then and only then will I sell. At least for about the same amount of time 2008's crash lasted.
- ohiovr 7y agoI'm out!! Lets hope now it will all work!