Stock Chart

VXX - Time to Buy VIX

09/21/2010 02:55 PM by stockdoc9999

VXX hit a new two year low today and it looks like really cheap portfolio insurance at today's price of $16.65.

You can also short puts as far out as Jan. 2012 and get upside if the market goes lower while still leaving yourself some margin of safety if things continue up.



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  • 09/21/2010 02:57 PM by Dave Pinsen

    Agreed, though I got in a little early.

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  • 10/06/2010 10:54 PM by Hesperian

    Ugly chart. Looks ready to dip again. Damn it, this rally might actually have some gas left. I hope I'm wrong.

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