Time for VIX trade?

Hello everyone

With little correction expected (?) in the short - mid term will it be right to buy VIX- Dec14 Naked call 14 for debit of 1.88.

breakeven at strike 16. im pretty convinced the VIX will surprise higher at some point of this month, right then the naked option will be sold.

Im not a "risk lover" player but it seems right to bet on this slight upward VIX movement

 

I already made some good profit selling the nov18 15 call and buying dec16 15 call. If the vix rockets before the dec exp this trade will be a killer.

 

Nice VIX spike

 

thats right. sadly i sold my position too soon with 17.64% gain

 

My tic charts on the VIX are looking crazy. Is this really happening?

 

Ohh volatility..

 

Would like to share with you my trade for today: (long both)

FEB15 20 put 4 debit. X10
FEB15 19 call 3 debit. X2 (partner over worried about some imaginary crisis coming)

Total debit = 4600$.

Will update future moves

 

Apparently, it was from the expanding spreads quoted by the mm's. Got me a little worried. http://www.cnbc.com/id/102274049


The FED should be soothing the market tomorrow.

 

Alright, call options got sold few days ago for 390$ (back from 600$ debit).
Vix on 14.3. what's your opinion, wait till end of dec' or close today?

 

There is not a lot of volume this time of the year. Korea or Putin might literally want to put a coal in everyone's stocking. We ruined their Christmas already.