anyone getting in VIX, almost all time low
This PM that is a regular here at the club told me a couple weeks ago he moved a significant portion to cash because the “market was going to crash” after the inauguration. Comes in tonight… markets at all time high. He is wasted, belligerent, and in general pissy.
i guess no one bought vix
i wonder what this guy is doing
ES is for kids… the real game is rates futures
VIX March Futures at 13.
13!!! seriously? These things don’t expire for 5 weeks? You’re telling me for 5 weeks the VIX will stay under 13? Trump? Euroexits? Gotta be at least a little money to be made here.
We’ll see. If I could I’d enter a small position here.
Go ahead Pistol… buy an ATM call. I’ll sell it to you
Not buying a call. Buying the actual futures contract itself.
June 2016 VIX futures selling under 12.50. This is insane. Expires in 4-5 weeks.
VIX at 9 spot for a couple days. While the contango is tempting there is sooooo much risk at these levels for those XIV junkies.
A tall house of cards, yet somehow the market engineers keep controlling the wind.
I’ve still got some of my old pre-Trump ES short, selling ATM puts against that, when it gets taken out then I sell ATM calls to reestablish the short. Then to counterbalance that, a small VXX short that I churn (sell half now at lows, reestablish full short next time it spikes up a bit). A sloppy as hell “market neutral” mess, that together with my longs generates income in a sideways market (puts/call income, dividends, vix futures decay income).
Boring markets…would like some chaos.
I wonder how this post-election US equity market actualized volatility compares to the history of other post-election periods. I can’t imagine another time in history it being as low as it is now.
Yawn, has there ever been a more boring market? Market dips some small amount, then a few guys buy the dip, starts going back up, then everyone says ‘hey it must be fine’, and everyone buys the dip, cautiously sneaks 1pt over the last record, repeat for years.
I like that saying “vol doesn’t go away, it just gets stored up”. Well if that is true, there must be a mother-load stored up!?
As much as I don’t like you, I agree with you. An August 2015 incident… but worse.
Was long UVXY at 9.63 since last Friday, sold at 11.25 this afternoon. I feel like more of these spikes are coming…
. Image was coming out way too big
http://info.rcmalternatives.com/hubfs/VIX_infographic_Volatility.jpg
Sad I missed that intraday spike to VIX=15 the other day (also sad that we call a jump to 15 a spike, that used to be a normal level). I was sleeping, but had an alarm set on IBKR, dunno why it didn’t trigger…I totally would have shorted that ****.
By short, you mean buy SVXY? I did this but the vol isn’t nearly as pronounced as say if I could short UVXY. I suppose I could buy puts on UVXY or no?
I shorted more VXX Thurs, just for something to do. Been churning it, add some to the short now, sell some off next week or whenever it settles back down, but overall a short balance all year.