VIX trade for 8/18 exp

I could say yes as it worked, but no, it was <5%.

 

In years that I'm doing well, I set up a separate fund with maximum 10% of total, to make all-in plays the rest of the year. When that blows up or increases 5 fold, I usualy re-set.

 

Yeah, I fund a account to trade digitals in the same way.

 

Lost a dime on the condor.

Source of funds for the 25/35/45 Aug fly from 5.90 risk (short gamma and neutral to 35 spot).

 

Current mark on the natural fly at 6.22 mid.

 

Should've taken that ^ quote. Out all at a 20 cent loss.

Last position prior to expiration > 25/32/40 fly from 4.75 risk. Iron and some natural flies.

 

vix 31.87, looks like ~13 pt rally (tomorrow + wed open) will be breakeven on the 27.5/30 short vertical. still think it's a pretty risky trade given the irrational market right now.

 

I'm not interested in starting a journal, so I will add various option positions to this thread.



Long the AMZN Aug 90/00/10 fly from 4.50 risk. Iron and natural. Looking for 6.00 for half. Hold to expiration on the remainder.

 

Out half at 5.50. Will try to hold remainder to SOQ tomorrow morning.

 

Atticus
In Amzn , on Friday option expiry-
If you do not close the
(+190-200+210)put b'fly
,you will be short the underlying right?
How does VIX futures options work on SOQ? credit/debit profit or loss or long/short the underlying futures?

I can not trade futures.
Any idea how to game the (ETN) VXX options ?
Thanks