VXX is trading 15% above it's NAV (VXX.IV) due to Barclay's stopping the creation of new shares. This happened in 2012 with TVIX, and Credit Suisse was able to fix the problem in about a month. When they fixed the issue, the premium (~40%) came out of the ETF in 2 days.
I'm thinking of selling some ITM calls and buying ATM, same strike, waiting for Barclays to resolve the unit creation problem. Would be interested if anyone had any thoughts on how to safely take advantage of a potentially quick 15% drop that's eventually coming.
>my security team is having to go through a ton of shit because our SSO solution outsourced their engineering team to pajeets who ended up getting breached/phished because they had like no security
I've been selling puts on silj all year and have been making 150$/day. feels nice desu considering I started doing it to buy shares so I don't care about gamma/assignment risk
>Good morning ser, this is Jeff, I would like to inform you of a veddy good deal we have on our veddy safe security system
Ryder Green
just bought 100 more shares of GME. seethe faggots
Josiah Anderson
>Okta LMAO, I just interviewed with them the other day. Mass applied for programming positions, didn't realize I had applied for "sales engineer". Politely told them "I'd think about it" and ghosted them.
Aaron Reed
Nice. I won't ask where you are, but I will ask what skin color the local hookers are. Kek
It was redundant and wasn't up to my standards. I can do better than that when it comes to scoopsies.
Gavin Wilson
heres where all the baggies buy on the way down thinking the market just goes up forever
Justin Rogers
net time wait til i can finish masturbating before deleting it :) I like to pretend you are patrick swayze sometimes
Wyatt Sanchez
Neither, i don't have especially strong feelings for her yet and I'm unvaxxed. Also buy ANTM.
Henry Johnson
You're supposed to buy when it’s down retard
Ethan Rogers
im not a financial expert, in fact im barely financially literate but one thing i AM an expert on is "pump" ive been chasing "pump" for damn near 2 decades ive seen "pumps" of all girths, shapes and sizes and im telling you right now, the market has absolutely no "pump" left it expended all of its "pump" from march 2020 til now it will be years before its "pump reserves" have recharged it's basic "pump-o-nomics" so if your financial plan involves the market "pumping", i suggest you re-calibrate ASAP because theres simply no "pump" left
I know what you mean man, I just had lunch with the guy who works on the steam lines down at the NYSE. He said the whole market is out of steam and because of the supply chain issues it's going to be years before this market can regain it's steam.
