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Old 05-08-2010, 04:08 AM   #78
wiedrick2005
Registered User
 
Join Date: Oct 2007
Location: Vancouver, BC, Canada
Posts: 235
My Ride: POS
Anyone here playing the vix? At 15.xx the vix was a no brainer buy (via VXX or vix futures). But now, at 40.xx I think it's a little overdone. I have a $400 position short the VXX. We'll see how it plays out monday. This is purely acting on gut feeling- hence the small position size.

With the vix this high it's also a great time to WRITE calls and puts, premiums grew big time with the recent run up in the vix.
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