‘50 Cent’ Is Buying Up Big on March VIX Calls

Discussion in 'Options' started by ajacobson, Jan 26, 2018.

  1. Wonder where/if he exited ?
     
    #11     Feb 7, 2018
  2. Exited? Why would he necessarily exit?
     
    #12     Feb 7, 2018
  3. lots of tips on ET
     
    #13     Feb 7, 2018
  4. Quiet1

    Quiet1

    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?
     
    #14     Feb 7, 2018
  5. 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.
     
    #15     Feb 7, 2018