Registered: Dec 2005
03-19-12 06:05 PM
Quote from sellindexvol66:
for any of you guys new to this april futures are 7.13 premium to spot and it will converge even with a spot vix spike to 18-19 if you hang in there. through options i'd pick short april calls, long may if you wanted to play it. there is a demand right now for april due to the etn's etc so i'm sure there's time too..and there's never a sure thing..but that one is good.
Actually, THE trade was short the MAR/APR/MAY fly EOD on friday. Much better IMO. As close to a sure thing as you are ever gonna see. Absolutely massive edge into expiration, with almost no risk.
Only posting it because it is gone now. I'm not as charitable as you I guess.