yeah, vix could increase in that scenario.
VIX trade for 8/18 exp
- Thread starter atticus
- Start date
yeah, vix could increase in that scenario.
It's obvious that you are a master of the obvious.Quote from sellindexvol66:
yeah, vix could increase in that scenario.
Quote from SrRuthenate:
It's obvious that you are a master of the obvious.
brains, my point in being sarcastic is that you should not be trading vix products if you cannot clearly see a correlation between a spx severe drop and corresponding vix increase.
your best bet is following atticus's vix trades before you try anything there. without learning convergence, which options trade off the futures, etc..you will be simply giving money away.
Do you mean long the October short the September or the other way around?. Now I'm confused.
OK thanks. Calendars not a familiar trade for me. Will evaluate. Cheers.
Quote from SrRuthenate:
OK thanks. Calendars not a familiar trade for me. Will evaluate. Cheers.
Long vol and decay. Somewhat diametric conditions, but easier to hold than an outright long or a vertical. Also, the VIX Sep 25/35/45 fly is 3.30 mid. Neutral to 35 with cash currently at 30. The VIX has the payoff but is more Px sensitive here.
Going to rephrase my question to: What's the best way to play this ALLIN with a certain maximum bound risk?. I.e.: I put it on, go to another planet, come back on Sep 20 and my position is intact, no broker liquidations, no exchange excuses, no nothing. I exit when I want after Sep 20th. Those calendars look nice, but aren't bound.
Think like, you are the small stack in a 3way at a poker tournament, get a playable hand and push allin, you are going to get called, but you will not be pushed out of the hand till the river is dealt. At the river, you go home, or you get to play the next hand with 2x or 3x your current stack.