VIX August 31st $13 Calls

[El OchoCinco]

if you can get 10 cents of extrinsic value on VIX calls that expire in 1 week < I have a bridge to sell you .maybe you can get 10 cents if they expire in a day..but no way if they expire in longer than a week. That would be the equivalent of 'going long the vix' which is impossible .

This just proves how little you know. VIX options do not track the VIX. I think that is your problem.

 

[vanzandt]

Ignore him vanz....his knowledge of options couldn't fill a thimble...

He does not understand VIX options/VX relation, weeklies and ITM options.

Ahhh... he got me lookin'... always a good thing to hear other's opinions. No reason to hit the ignore button. Elite Trader for the most part has gentlemen posting here. Respect breeds respect and goes a long way.