Quote:
Originally Posted by Chick Webb
Quote:
Originally Posted by antzcrashing
I bet you paid an arm and a leg for those long term vix options
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Not too bad. $3.25 ($325/contract). If the VIX gets North of 25 (and it's been above that level 2/3 of this year) I'll make a reasonable profit. If it hits 30 I'll do very well.
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I have been eying the vix too, but have held off as I am trying to bring up my cash reserves