Waiting for VIX 30

Anyone else waiting?

 

i am waiting for 25 and 35 to short some tvix or uvxy

 

Might be waiting awhile. What's your thesis? Seems like we are churning between 20 and 30 for awhile, and will probably continue to do so.

I have had on a JUN4 VIX 20/25/30 Fly for a few weeks that has been benefiting nicely from this. Granted those options are priced off of VIX futures as opposed to spot VIX cash.

 

I don't think he's going to be waiting long at all.

Personally I'd wait for 40.

 

I dont think the VIX 30 holds anymore. Ever since 2008, vix 30 has not represented a bottom or a capitulation.

 

sure, lately i've been saying 40 is the new 30..so i guess we somewhat agree.

 

What's your time frame?