VIX trade for 8/18 exp

Pinned is optimal as it's cash-settled.

 

Isn't it a bit adventurous to hold to expiry for a pin at 35 when the market volatility can increase in a very short few days and not necessarily stay at 35?. The Cohodas Paradox comes to mind. Is the time decay worth it in this case?.

 

I dunno, ask your other nick.

 

He asked me to consult with you.

 

Merciless multiday drop just ahead in ES. Heraclitus is weeping, Democritus is laughing.

 

hahaha, out the remainder of the 20/50 fly at 10.20. Expected a bit more.

 

Nice trade. Sorry for trying to influence you.
At least we know there are 3 real traders in this thread: Atticus, Heraclitus and Democritus. hehe.

 

Fly flipped on delta so no mas.

 

I saw later that you were on the "other side" at 33-34, so I figured you'd be safe even if a bit stubborn.

 

Do you know her?. I want to know her.