Discussion in 'Options' started by ajacobson, Jan 26, 2018.
Wonder where/if he exited ?
Exited? Why would he necessarily exit?
lots of tips on ET
why wouldn't you exit on the biggest spike of all time in the VIX? "yeah I held with VIX at 50 because I wanted 80 in the next few weeks"? At least reconfigure your hedge if it is one, no?
They might restrike it, I suppose... The point of these teeny calls is that they're a hedge for an large long-only equity portfolio. Just 'cause VIX has spiked doesn't mean you don't need the hedges.
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