VIX | Nov 19, 2025 Call Options | Strike $21

5月16日

VIX, the great "fear" index, has two looming price gaps on the daily chart. Every gap has always been filled in the history of the $TVC:VIX. Given the 90-day tariff pauses and forever world turmoil, there will (undoubtedly), be a spike in the VIX to close these open gaps. It's just a matter of timing... I've chosen to go 6 months out on the option date (November 19, 2025) as a hedge to my portfolio ($3.45 per contract). I plan to add more contracts if the VIX dips into the 13-14 area, too.

I truly dislike timing the market, but such a position could be a nice 3x gainer of the VIX spikes to $36 in short time. Or... totally worthless if we are in a constant bullish market for the next 6 months.

Time will tell.

5月22日

交易進行

First gap closed. Took some profits on the options at a 10% gain. If the VIX does dip into the $13-$14 range, I will be reloading for the next round of fear...