- BUY VIX 100 DEC 14 18 CALL @1.45
I can’t believe this stupid market. Doesn’t make sense to me and like Judge Judy says “If it doesn’t make sense it’s not true”. So I put on this trade. The market rallied early, or the day before the Fed, so something fishy is going on in my mind. The market could rally and take the VIX down to 10 or the market could crash super hard and take the VIX up over 30. So the risk reward seemed pretty good. This is a December option so the worst I could do is possibly scratch, unless the market doesn’t ever take a breather.
10/29/14 – SELL VIX 100 DEC 14 18 CALL @1.60
Out for now. Gonna reload possibly tomorrow. I have no doubt in my mind that this market will tank, again. %9 gain after commissions.
DISCLAIMER - JVOND SUCKS AT INVESTING! FOR LEARNING PURPOSES ONLY!