VIX fly / spread journal

Really? Hmm....

 

i closed the apr/may/jun fly @ 0.

$200 profit on it

 

i traded out of the feb/mar/apr fly @ 67 for +$100 pnl

 

i BOT jul/aug @ 57, this is currently my only position.

 

I am still in it, will probably close it in a few days. So far both legs and hedge are positive.

 

Are you including commission charges in your pnl calculations? on a fly commissions add up.

 

good for you - glad u can make some money (i hope i stemmed the idea)

it includes comission, i add 1bp on my entry/exit post to account for them. (it actually ends up overstating comission)

 

seems my execution time was pretty bad though. hope it works better for you

 

It was the conversation here that helped me push to actually do the trade, however i decided to add vxx to hedge against a major vix fall.

 

Closed the fly. The feb/mar went for 1.45 and mar/apr for .87 (Fly was .58). VXX added another .06 to the profit. It was a nice trade, looking forward for the next one..