On Aug 15 & Aug 16 pre-market, the VIX spot index was mostly around 12 and below 12. But just before market open the VIX spot index shot up. The final settlement price hit 12.95, of which the spot index has never reached that level. Does anyone have any idea what happened to the VIX? Is that...
I'm afraid you miss the point. I'm talking about the volatility futures, not the volatility index. Do you still see, say the VXEEM futures, still being actively traded now?
does anyone know brokers that offer low commission to trade the above 2 futures contracts??? I'm using IB right now. VIX commission is ok, but VSTOXX costs 2 euro for each contract, really expensive.
I'm a non-US investor, interested in bond ETF (e.g. LQD, HYG, JNK). Does anyone know whether non-US investors have to pay any dividend withholding tax??? What would be the standard tax rate?
us debt rating is downgraded. theoretically, bond price should come down, right? but the reality is "bond price is up, equity is down".
bond investors don't think it's that big a deal, but equity investors sell off their holdings.
I can see that there are actually a lot of kind-hearted people on this forum. when they see someone is about to hit a wall, they try to warn him. here is some food for thought:
- how come everyone else here are saying something against this strategy???? there is obviously no supporter here...
selling option premium is like an ATM machine in "calm" market environment. it can make you feel like you can find no easier way to make money than selling option premium. but soon, you'll learn it the hard way - this is not an ATM machine, when the market moves against you and take back...
I also sold an NDX Aug iron condor when vol was elevated. But took it off when the market started rallying, ended up losing ~8% on margin.
I wonder anyone here also sold iron condor around that time??? are you still staying in position, or took the loss and got out???
i mostly trade stocks (long & short). but i'm thinking whether it's a good idea to trade credit spread as well, in addition to stocks. the major benefit is that i can profit from option time decay if the stock doesn't move.
i've done a test trade on Monday. i've sold a 150/155 call spread...
i use the "group window" function so that when i select a stock on my watch list, the chart will update automatically. but sometimes it takes like a few minutes for the chart to update. just wonder if some of you guys are experiencing similar problem, or if there is some way to speed up the...