VIX trade for 8/18 exp

[atticus]

Quote from SrRuthenate:

Did you?.

I could say yes as it worked, but no, it was <5%.

 

[SrRuthenate]

Quote from atticus:

I could say yes as it worked, but no, it was <5%.

In years that I'm doing well, I set up a separate fund with maximum 10% of total, to make all-in plays the rest of the year. When that blows up or increases 5 fold, I usualy re-set.

 

[atticus]

Quote from SrRuthenate:

In years that I'm doing well, I set up a separate fund with maximum 10% of total, to make all-in plays the rest of the year. When that blows up or increases 5 fold, I usualy re-set.

Yeah, I fund a account to trade digitals in the same way.

 

[atticus]

Quote from atticus:

Filled 2.20 risk on iron and natural (average).

Lost a dime on the condor.

Source of funds for the 25/35/45 Aug fly from 5.90 risk (short gamma and neutral to 35 spot).

 

[atticus]

Current mark on the natural fly at 6.22 mid.

 

[atticus]

Quote from atticus:

Current mark on the natural fly at 6.22 mid.

Should've taken that ^ quote. Out all at a 20 cent loss.

Last position prior to expiration > 25/32/40 fly from 4.75 risk. Iron and some natural flies.

 

[newguy05]

Quote from sellindexvol66:

imo, to touch 30 spot by tuesday close, you gotta rallymode really straight up and not swing with any down moves.

vix 31.87, looks like ~13 pt rally (tomorrow + wed open) will be breakeven on the 27.5/30 short vertical. still think it's a pretty risky trade given the irrational market right now.

 

[atticus]

I'm not interested in starting a journal, so I will add various option positions to this thread.

Long the AMZN Aug 90/00/10 fly from 4.50 risk. Iron and natural. Looking for 6.00 for half. Hold to expiration on the remainder.

 

[atticus]

Quote from atticus:

Should've taken that ^ quote. Out all at a 20 cent loss.

Last position prior to expiration > 25/32/40 fly from 4.75 risk. Iron and some natural flies.

Out half at 5.50. Will try to hold remainder to SOQ tomorrow morning.

 

[keviniyengar]

Quote from atticus:

Out half at 5.50. Will try to hold remainder to SOQ tomorrow morning.

Atticus
In Amzn , on Friday option expiry-
If you do not close the
(+190-200+210)put b'fly
,you will be short the underlying right?
How does VIX futures options work on SOQ? credit/debit profit or loss or long/short the underlying futures?

I can not trade futures.
Any idea how to game the (ETN) VXX options ?
Thanks