Replies to post #50535 on S&P 500 & Nasdaq Analysis and Trends

[dr_praeses]

Interesting thing about the VIX callls ~ you can get a lot of them with a 100 delta. And thus, the gamma is 0. Theta is very small too--not much time premium decay. For me, it's -.27 on the whole position. Lose only a quarter a day? Sounds GREAT to me!

[dr_praeses]

VIX ~ out 1 Aug 19c 3.8