Monday, October 27, 2014

XIV mean reversion Trade

On Friday I opened up XIV after it reversed. I've done well in XIV so I thought I would take another shot.  This time it went for a b/e trade as it started to fade pre-market.  Since I have not elected mark-to-market accounting, I thought it best to preserve the gain and my ability to trade it over the next 31 days. 

Entry: 31.73
Exit: 31.88

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