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#11 risk_management

risk_management

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Posted 10 August 2017 - 10:32 AM

Tommy, how are you playing vix? Aren't those European options expiring on a single day and therefore having much less movement.

#12 tommyt

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Posted 10 August 2017 - 10:50 AM

Vix stinks as a product to trade...its one way paper. I just bought Oct call spreads for a market high in the usual Aug/Sept time frame. Took a few off at vix 15. We got here very easily, so vix 17-20 seems reasonabe soon.



#13 tommyt

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Posted 10 August 2017 - 11:12 AM

Two long ideas in a down market

 

Cost

Snap - higher risk with earnings tonight

 

buy either on any dips and use stops to protect