... for a .66 ($66)/contract credit.
I did this on 12/30, but neglected to post it.
This was another VIX "Term Structure" trade (See Post Below) using the Feb VIX futures contract price as a guide. The Feb contract was going for 16.55, so I used the nearest strike above that price, the 17, for my short call leg.
With these, I'm playing it "by ear" as to the take profit. Generally, I shoot for 50% max, but if VIX diddles around down here running into expiry (which in the scheme of things, is quite far out in time), I'll shooting for something approaching max ... .
I did this on 12/30, but neglected to post it.
This was another VIX "Term Structure" trade (See Post Below) using the Feb VIX futures contract price as a guide. The Feb contract was going for 16.55, so I used the nearest strike above that price, the 17, for my short call leg.
With these, I'm playing it "by ear" as to the take profit. Generally, I shoot for 50% max, but if VIX diddles around down here running into expiry (which in the scheme of things, is quite far out in time), I'll shooting for something approaching max ... .
Nota
Covering here for a .33 db (50% max profit). $33 gross profit; $26/contract net after fees/comms.Nota
As a side note, I've been asked why I don't "wait longer" to take these off, for example, closer to max profit. As we all know, VIX can pop virtually at any time; I'd prefer not having a winner (albeit small) turn into a poo pile.Nota
Moreover, when the market gives you 50% in 10 days' time, I say "take it."
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.