I'm doing a similar thing. I've just been buying ATM vix calls when we drop around 25, and selling 30/32.5 call verts when we go above 30....
That's pretty funny. I was probably the sucker selling the IC's to you, lol. Gimmie a couple bucks back. Do-over! Anyway i gave up on selling...
I got creamed too, mostly selling OEX iron condors. I have the same story as you, a good few years and then not so good. Lately I've been making...
Do you buy it? Is this the cause of commodity prices falling (without stock gains) I'm thinking that could be pretty bad. Hmm....
I've traded both. Spy advantage is tight bid ask spreads, but I get creamed on commissions due to low price. I was selling iron condors on OEX...
Bernanke is like Homer Simpson in the power plant control room. Just assume he'll hit the biggest red button when an alarm goes off.
Cheers my friend. I'll be in good 'ol brooklyn NY. Maybe if i cup my hand to my ear I can hear cries of despair from wall st. Whatever. I'm...
My $VIX trade is up shits creek too. I'm short Apr 30 calls, covered at 37.5. Luckily I have another month to hope I see a price that lets me...
Im short $VIX Apr 30 calls, covered at 37.5. Looks like I'll be rolling away for losses the next few months..... Oh St. Patrick, afford thee...
This is insane. Does anyone honestly have a clue how the market will react to this? I would not be surprised to see +1000 or -1000 dow tomorrow....
The way I've been trading lately I'm surprised I didn't write those puts. How come no one admits to loosing on these boards? Surely I'm not...
I'm all vix lately. liquid and big swings. just roll or get rid of them if 2 weeks or less to exp.
Anyone here trading vix options. I've been making good trades (about the only good trades lately) and am curious what other people have been...
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