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Wednesday, 21 November 2018

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): 21 November 2018, Wednesday, 10.04am Singapore Time

iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX): 
21 November 2018, Wednesday, 10.04am Singapore Time
(Click on Technical Chart above to Enlarge)

While collecting mid term and long term quality stock buys, there may be some need to hedge oneself slightly in the short term with some VIX or index options. Attached is the iPath S&P500 VIX Short Term Futures ETN (NYSE: VXX). When stock market indices go down, VXX spikes up in the short term. The projected target for VXX is $48.75. Take profits of the hedges at $48.75 region. 

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