Vix is so low now

If you think it's going to go up then buy the VXX or whatever the VIX etf is

 

The all time high occurred during the Oct 1987 debacle, when VIX was 150.

But that was a retroactive calculation because VIX first appeared officially in Jun 1988.

The recent VIX level of 80 represents the official all time high - but that only goes back 21 years.

here's a graph of the data over the last 2 and one half years:
http://www.mdwoptions.com/VIXgraph.html

It wasn't that long ago that VIX was in single digits.

Mark

 

noob,

sounds like you don't understand option pricing...i would stay away from naked options...educate YOURSELF

 

your career is going to be very short - I hope you know how to clean pools

 

I take my time on trying to figure out the price using those options pricing tools. I have not written any yet for next month since I am still working out the details.

I am still learning though.

 

I only sell puts on a stock I would want to own but at a lower price than what it is selling for. I am not borrowing money or writing a big amount of puts, only the amount of puts equivalent to the amount of stock I am willing to take if it crosses the strike price.

 

Vix is low, and what happens when the Vix is low? Think about it.

And the rally, you need a true blue rally, getting the longs excited...in order to do what?

All is sunny in the USA huh?
http://money.cnn.com/2009/05/20/news/economy/fed_minutes/index.htm

 

""

 

solid work resurrecting a 9 year old thread with a screenshot of a tweet

 

Agree nothing wrong with VIX. Its just the way it is calculated. In the current state of market euphoria sellers have disappeared, until the next black swan appears!