Time for VIX trade?

Gimpyron · Nov 18, 2014

Hello everyone

With little correction expected (?) in the short - mid term will it be right to buy VIX- Dec14 Naked call 14 for debit of 1.88.

breakeven at strike 16. im pretty convinced the VIX will surprise higher at some point of this month, right then the naked option will be sold.

Im not a "risk lover" player but it seems right to bet on this slight upward VIX movement

Georgi90 · Nov 18, 2014

I already made some good profit selling the nov18 15 call and buying dec16 15 call. If the vix rockets before the dec exp this trade will be a killer.

Georgi90 · Dec 13, 2014

Nice VIX spike

Gimpyron · Dec 15, 2014

Georgi90 said:
Nice VIX spike

thats right. sadly i sold my position too soon with 17.64% gain

xandman · Dec 15, 2014

My tic charts on the VIX are looking crazy. Is this really happening?

Gimpyron · Dec 15, 2014

xandman said:
My tic charts on the VIX are looking crazy. Is this really happening? View attachment 147459

Ohh volatility..

Gimpyron · Dec 15, 2014

Would like to share with you my trade for today: (long both)

FEB15 20 put 4 debit. X10
FEB15 19 call 3 debit. X2 (partner over worried about some imaginary crisis coming)

Total debit = 4600$.

Will update future moves

xandman · Dec 16, 2014

xandman said:
My tic charts on the VIX are looking crazy. Is this really happening? View attachment 147459

Apparently, it was from the expanding spreads quoted by the mm's. Got me a little worried. http://www.cnbc.com/id/102274049

The FED should be soothing the market tomorrow.

Gimpyron · Dec 24, 2014

Alright, call options got sold few days ago for 390$ (back from 600$ debit).
Vix on 14.3. what's your opinion, wait till end of dec' or close today?

xandman · Dec 24, 2014

There is not a lot of volume this time of the year. Korea or Putin might literally want to put a coal in everyone's stocking. We ruined their Christmas already.