Japanese version of VIX???

Discussion in 'Options' started by adamchubb, Mar 15, 2011.

  1. is there any Japanese version of VIX contract??? ATM vol goes up to 60-70. OTM vol over 100. perfect opportunity to sell vol, but the question is how.
     
  2. Maverick74

    Maverick74

    Have you ever thought about starting a hedge fund?
     
  3. how is that relevant to my first question?
     
  4. Short N225 straddles @ SGX and you'll be selling volatility. Note: That's how Nick Leeson blew up over Kobe.
     
  5. yes, mr. obvious. i'm sure everyone knows that.
     
  6. Locutus

    Locutus

    If you want to make the comparison, whoever is selling those straddles now would be the one blowing up mr. Leeson instead of the one getting blown up.
     
  7. Excuse me, but weren't you the one who asked?
     

  8. Q: Is there any Japanese version of VIX contract?
    A: Short N225 straddles @ SGX and you'll be selling volatility

    it's always frustrating when someone think they've given an answer, but in fact, they didn't quite read the question correctly.
     
  9. You posed two questions: 1) "is there any Japanese version of VIX contract???" and 2) "perfect opportunity to sell vol, but the question is how."

    You've been given the the Japanese version of the VIX index as well as a method to sell volatility. It seems the problem is with how you've worded the question. Specifically there is no "VIX contract", you're probably looking for a tradeable asset based on the VIX index.

    Off-hand, I'm not aware of such a contract which leaves you with two choices, either sell straddles or call your broker and see if they offer the type of instrument you're looking for (after all, it's irrelevant if ET tells you about a contract you can't access through your broker).
     
    #10     Mar 17, 2011