AlexanderGotay

VIX IronFly for a neutral bet on volatility

TVC:VIX   Volatility S&P 500
After a a little upside on the VIX             we got another fast contraction in volatility . Got the idea from the guys at tastytrade and I liked the trade.

This is a neutral bet on the VIX             and we make money if it stays between 15.50 and 11.50.

Sold the 13.5 Straddle
and bought the 17 Call and 10 Put wings to make an Iron fly for a $2 credit per contract and reducing our buying power requirements. I will look to manage these very early at 10% of the credit received.

Backtest data done by tastytrade
2006 to present
managed at 10% of the credit received had a 89% Success Rate
交易進行: I didn't closed the trade at the original target thinking that I could squeeze a little more. Now we lost most of our profits, but still are up on the trade. The VIX is pretty low and I might close it in the next couple of days to re enter in the next cycle and keep collecting some premium.
手動結束交易: Closed it with 20 days to go for break even. A small win of $30. Then redeploy exact same trade with exact strikes (10/13.5/13.5/17) on June expiration and collected $2.05 per contract. If Vix moves even lower then I will buy the /VX future and convert the trade in a covered Ironfly. (The future is aprox. 10 times bigger than vix so it would be 1 future per 10 VIX ironflies).
交易進行: Got long the /VX future (55 days exp) at 13.15, now with a covered Iron Fly. Hopefully we get a move up shortly.
交易結束:目標達成: Closed the /VX with a nice profit.
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
首頁 股票篩選器 外匯信號搜索器 加密貨幣信號搜索器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
個人檔案 個人檔案設定 帳戶和帳單 我的事件處理號碼 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出