Sell short 20,000 shares of Uvxy @ $50.90. 1:59pm 9-18-15cst
Buy 20,000 to cover @$49.26 @ 7:08am cst on 9-21-2015
Sell 10,000 Uvxy at $46.15. 3:15pm 9-17-15 after hours trade. Last block sold on this position matched on 10,000 shares bought yesterday.
$26,500 Profit
Sell 40,000 Uvxy @ $46.50 (LIFO – $42.90 match) @ 3:13pm 9-17-215
This trade made $144,000
Sell 50,000 Uvxy (Lifo- last in first out) pre market at $42.25. Selling what we bought at $41.
$62,500 Profit
Buying 50,000 more shares of Uvxy in after hours trading @ $41.
3:45pm cst on 9-16-15
Looking to play the volatility with the fed decision tomorrow. The market will be up and down tomorrow, but I’m going with the Buy the rumor sell the news. I believe the market will give back significant gains tomorrow.
Buy the Sept. 25, 2015 $69 strike price call to close at $1.10 for a $14.40 profit.
Locked in a profit for $14,400.
HedgeFundWho? 