60 second VIX binaries?

Discussion in 'Options' started by David Folster, Dec 21, 2014.

  1. Hi All. Does anyone know if it is possible to trade 60 second binaries on the VIX? And if so, with whom? Thanks.

    David
     
  2. Gimpyron

    Gimpyron

  3. londonkid

    londonkid

    60 second binaries. sounds like a heart attack waiting to happen.
     
  4. Why not go to casino? More fun and you may have some free food if you loss enough?
     
  5. Appreciate all the sarcastic advice, but really just looking for a real answer to the question.
     
  6. I was asking about VIX specifically, because under certain circumstances, the minute to minute change of the VIX look pretty predictable. Any other instrument looks to me like suicide/gambling.
     
    Last edited: Dec 22, 2014
  7. hey, you want a wild ride...just trade front month vix futures. i can promise you they will kick ass over girlie man binaries..if they ever were to exist.
     
  8. haha lol 60sec VIX binaries :D awesome joke! :)

    But since you're a new member, I'll give you the benefit of doubt:
    No, you cannot trade 60 second binaries on the VIX. I strongly advise you against betting on binary options at all! That's a complete loser's game. Roulette has a far greater chance to win!

    IF you feel comfortable trading the VIX in short timeframes, you can do that by trading a VIX future. Be prepared to take big gains/losses - 1 point move will net 1,000 USD. Margin is about 5,000 USD.

    Another option with better position sizing is to trade ETFs and ETNs on the VIX. Ticker symbols: VXX and XIV will do for you.

    However, the VIX is not so easy to trade (for me). I'd look for an easier instrument. Good luck.