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TKS in advance.

Thanks for the tip. The short vol game is ceaselessly fascinating.

Yes, I do the Long Leaps puts thing with UVXY, but when it got down-leveraged from 2X to 1.5X, much of my profit was erased. Now it's a much slower gain, too. Wish TVIX had options to directly cover a short position. Might use VIX calls if I can get a short TVIX fill on the next spike, whenever...

I mean if you short it. I doubt few people would be long.

Anyone know the stats on the largest drawdown since inception?

Sorry. Wrong group for this query.

Yes, I could backtest or wait 1) or 20 years and see what various formations show. But if someone has already done the work ....

Ok, let's say in a 10k account I am short 2K of TVIX and the rest is in cash. Even though some short vol crowd simply hedge like this with cash, I want a separate hedge against a meltdown, not just a drawdown. So, do I use two nickel VXX OTM calls, a proportional amount of VIX calls or employ...

Gotcha. Thanks. The first scenario sounds great. Not so the second. But you take what you can get.

Ok, here is an example. Let's say I am short a naked call LEAP with a year to go strike price of 50, and today a tender offer for the stock at 40 ends and the company is acquired by tender. What happens to my LEAP? Closed out at 100 percent profit for me? Do I have to wait the year? Do I have...

Yeah, I figured that I was just wondering how they do it for OTM shorts. I mean could they somehow go in the money even though the underlying will no longer trade? I can't imagine it would be based on the acquirer's stock price? There must be a method; it can't be ad hoc each time, right?

Let's say the deal goes through I will close Jan 1, hypothetically. And I have a Jan 18 short OTM put. What happens between Jan. 1 and Jan. 18? Do I get an early expiration?

Best broker for options in Canada?

Guys, going to keep this one to myself as if the word gets out ... (and no it is not 'inside information.')

haven't checked out the generalities, but recently found a decent risk/return play That would make the hassles of currency, fees and commission possibly worthwhile.

Thanks. Yeah, generally surprised I can't trade Canadian equity options on this side of the border. Maybe I can get a Canadian friend to open a joint account for us here.

What is TMX? The same as TSX? I'll assume it is and wow I can't believe I'm barred from doing something like that by my government. Enough to make me a libertarian.

Anyone know the commissions, to say short a put? Also, can one do a Canadian short put, cash covered, in an an IRA? Thanks in advance.

Very cool, and thank you again.

Whoa, wow thanks. You got a Bloomberg at home or something?