Replies to post #25737 on Cycle Trading

[Duma]

That's putting it on the line for sure, wow.

[jaws57]

E> somebody just made $931,000. 49,000calls @ .19c Im not real clear on how VIX options work, but they are cash settled at expiration, so seller only will lose money if VIX is >150.19 at that time (22Mar23)?
VIX wouldnt have to move much past 40 by election day to double his/her money if my calcualator correct.
Could be rich gambler or really knows something VIX @50 is 5,000,000 by election day.