Looking for a major gamble?

Jul 10, 2020

Try this VIX play. I bought long dated Dec 16 2020 $50 calls. IF the market crashes again this has a huge pay day. It also is dated a long ways which means that my overall risk isn't off the charts and I can get out with minimal loses in case nothing happens. Rolling the dice here. Also TVIX is closing out on the 12th so any other rolls from credit suisse will be coming in next week to offset positions or simply relieve selling pressure.

Best of luck
-Sherem

Jul 13, 2020

Note

Stonks up and VIX is up? Such wow.