Selling puts on SVXY

Discussion in 'Options' started by rocky_raccoon, May 30, 2013.

  1. Tomarossa

    Tomarossa

    No. I quit selling options of SVXY. I buy the stock directly when there is a spike in price. RRR is way better, exposure is easier to control (at least in my current plan compare to the one I had with options) and I should make more money as well..

    Won't fit everybody of course, but that's not my goal ;-)

    t.
     
    #91     Oct 24, 2013
  2. Tomarossa

    Tomarossa

    memshu: bought twice for 95 and sold twice at 115 (now having some remaining bits with a PT at 120, but that's just playing with spare change).

    t.
     
    #92     Oct 24, 2013
  3. memshu

    memshu

    Tomarossa

    what do you do? use an "off VIX" formula - buy when VIX is above x sell when it is below z?
     
    #93     Oct 24, 2013
  4. Tomarossa

    Tomarossa

    No, I don't follow VIX at all.. just SVXY and situation on SPY and markets overall...

    t.
     
    #94     Oct 29, 2013
  5. wout

    wout

    svxy is short the continuous one-month vix-future (COMVF).
    when this COMVF doubles in one day (goes up 100%), does svxy goes down 100% or only 50% ???
     
    #95     May 12, 2016