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05/19/08 9:02 PM

#50163 RE: Footquarters #50160

Anybody here trade VIX puts / calls? They expire Wed (unusual date) for May.

Any thoughts about calls for June?

I picked up June 30s as a hedge (small)

first VIX option trade. The IV is like 120 on them. Not much experience in trading VIX options.

They have been like watching paint dry lately.

TIA for any comments.