Transform the VIX into cash machine

[artes]

In a futures account.
Imagine, the VIB (VIX ten times) never goes down to the lower part from 100.
Time to time, it always returns towards near its same low.
It can vary from 2% or 5%. Sometimes much more.
How to transform the VX future into cash machine?


http://cfe.cboe.com/Products/historicalVIX.aspx

 

[Bogan7]

looking forward to you expanding on this thread

 

[Hook N. Sinker]

Quote from artes:

In a futures account.
Imagine, the VIB (VIX ten times) never goes down to the lower part from 100.
Time to time, it always returns towards near its same low.
It can vary from 2% or 5%. Sometimes much more.
How to transform the VX future into cash machine?

I find a graph of VIX but not VIB. Please someone post a link to a VIB futures price chart.

http://www.futuresource.com/charts/charts.jsp?s=VIX&o=&a=W&z=610x300&d=medium&b=bar&st=

 

[Spectra]

It's that simple!

 

[increasenow]

VIX has futures?...where are they traded? (what exchange) and what is the vol. and point $$$ value?

 

[artes]

Quote from increasenow:

VIX has futures?...where are they traded? (what exchange) and what is the vol. and point $$$ value?

There is information about it:

Product Specifications
CBOE Volatility Index (VIX) Futures

CONTRACT NAME:
CBOE Volatility Index (VIX) Futures

LISTING DATE:
March 26, 2004

DESCRIPTION:
The CBOE Volatility Index is based on real-time prices of options on the S&P 500 Index, listed on the Chicago Board Options Exchange (Symbol: SPX), and is designed to reflect investors' consensus view of future (30-day) expected stock market volatility.

CONTRACT SIZE:
$1000 times the VIX

CONTRACT MONTHS:
The Exchange may list for trading up to six near-term serial months and five months on the February quarterly cycle for the VIX futures contract.

TRADING HOURS:
8:30 a.m. - 3:15 p.m. Central Time (Chicago Time)

TRADING PLATFORM:
CBOEdirect

TICKER SYMBOLS:
CBOE Volatility Index - VIX
Increased-Value VIX - VBI*
VIX Futures - VX

*Note: Options Price Reporting Authority (OPRA) will publish VBI data as VXB for OPRA subscribers. Check with your quote vendor.

MINIMUM PRICE INTERVALS/DOLLAR VALUE PER TICK:
0.01 points, equal to $10.00 per contract

source : http://cfe.cboe.com/Products/Spec_VIX.aspx

 

[artes]

Quote from Hook N. Sinker:

I find a graph of VIX but not VIB. Please someone post a link to a VIB futures price chart.

http://www.futuresource.com/charts/charts.jsp?s=VIX&o=&a=W&z=610x300&d=medium&b=bar&st=

An Excel information is available at this address : http://cfe.cboe.com/Products/historicalVIX.aspx

f.ex : June 07
Trade Date,05/02/2007
Futures,Open,M (Jun 07),13.71
High,13.80
Low,13.55
Close,13.74
Settle,13.72
Change,-0.13,
Total Volume,927
EFP,,0
Open Interest,6607
,

 

[demoship]

I traded vix options once, got burnt on slippage and it moving against me.

I'll write puts again only if it goes under 12.

 

[stevegee58]

Hmmm. None of those symbols work for me in IB. VX or VBI.

 

[artes]

Quote from demoship:

I traded vix options once, got burnt on slippage and it moving against me.

I'll write puts again only if it goes under 12.

You mean slippage on futures options? Because of not enough volume?