Both! It just depends on what the VWAP tells me at that moment.
We'll review my trading patterns and signals in our LIVE sessions in the Warlock's World, but in a nutshell, if VWAP is telling me a stock is going higher, I'm usually buying the shares outright.
Occasionally I will buy call options instead, but that's usually toward the end of the week and closer to options expiration, when I don't have to pay for time value I don't need.
If VWAP is telling me a stock will go lower, I'm usually selling those shares short or, if the setup and timing are right, buying put options.
So while I'm both bullish and bearish, depending on the chart, one thing I am NOT is an investor.
I don't care about a company's fundamentals or quarterly revenue projections -- I care ONLY about the shares' dance with the VWAP at that moment in time, because I'm a day trader.