Tue, Sep 30, 2014, 9:02 PM EDT - U.S. Markets closed


% | $
Quotes you view appear here for quick access.

iPath S&P 500 VIX ST Futures ETN Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • diabeticinvestor diabeticinvestor May 26, 2011 11:39 PM Flag

    Bought 200 c VXX 23 calls 56 cents

    You are going to get annihilated with those $22 calls Steve. Annihilated. Even if the vix spikes and stays there you will lose. Let's say the VIX spikes 30% just after june opex and vxx goes to $24 from $22. Decay alone on vxx will eat up $2 of that $24. Then the market cannot melt down slowly, it has to selloff hard and consistently. Those retrace relief rally's once every couple weeks even if the market sells off hard fast and consistently will keep this in check. Those $22's will expire worthless. You will lose every penny.

31.179+0.369(+1.20%)Sep 30 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.