If you think it's going to go up then buy the VXX or whatever the VIX etf is
Vix is so low now
- Thread starter noob_trad3r
- Start date
The all time high occurred during the Oct 1987 debacle, when VIX was 150.
But that was a retroactive calculation because VIX first appeared officially in Jun 1988.
The recent VIX level of 80 represents the official all time high - but that only goes back 21 years.
here's a graph of the data over the last 2 and one half years:
http://www.mdwoptions.com/VIXgraph.html
It wasn't that long ago that VIX was in single digits.
Mark
your career is going to be very short - I hope you know how to clean pools
I take my time on trying to figure out the price using those options pricing tools. I have not written any yet for next month since I am still working out the details.
I am still learning though.
I only sell puts on a stock I would want to own but at a lower price than what it is selling for. I am not borrowing money or writing a big amount of puts, only the amount of puts equivalent to the amount of stock I am willing to take if it crosses the strike price.
Vix is low, and what happens when the Vix is low? Think about it.
And the rally, you need a true blue rally, getting the longs excited...in order to do what?
All is sunny in the USA huh?
http://money.cnn.com/2009/05/20/news/economy/fed_minutes/index.htm
And the rally, you need a true blue rally, getting the longs excited...in order to do what?
All is sunny in the USA huh?
http://money.cnn.com/2009/05/20/news/economy/fed_minutes/index.htm
