OPENING: VIX MARCH 22ND 16/19 SHORT CALL VERT

Uppdaterad
This is another one of them there "Term Structure" trades which use the VIX futures as a guide for the short call strike.

Here, I'm using /VXH7, which is the March VIX futures contract, which is currently trading at 15.72, so I'm using the 16 short call in VIX.

... Filled for a .71 credit.

Notes: This is a little bit farther out in time than I generally like to go, but /VXG7 (the Feb futures contract) is currently trading at 14.30, and I kind of want to stay north of that 252 EMA line (in blue) with my short call strikes.
Kommentera
Covering here for a .35 db; $36 gross profit/contract or 50% max with 40 DTE.
Kommentera
3/3 so far this year with these taking profit at 50% max. No rolling required so far. Of course, VIX has been doing nothing but "down" and "staying down."
optionsstrategiesshortcallverticalsVIX CBOE Volatility Index

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