OPENING: VIX NOV 15TH 10/12 SHORT PUT VERTICAL

2017年9月19日

... for a .73 credit.

Metrics:

Probability of Profit: 29%
Max Profit: 73/contract
Max Loss: 127/contract
Break Even: 11.27

Notes: VIX at sub-10 is about the only time I'll do a bullish assumption trade in VIX. Here, I'll look to money/take/run on any pop, although 50% max would be nice ... .

2017年10月9日

交易進行

Rolling to Dec 20th 10/13 short put vert for a .62 credit. Scratch at 1.35.

2017年10月17日

交易進行

Adding a Dec 20th 16/19 short call vert for a .25 credit buying power free (same width spread/same expiry). Scratch at 1.60.

2017年11月5日

手動結束交易

Been somewhat lax on updating my trades ... . Exited this last week for 1.80 as a .20/contract loser. A reminder as to why I hate long volatility; it can remain lower for longer than you'd like ... .