Spot vix 10:00am EST call

Discussion in 'Options' started by arbs-r-us, May 9, 2010.

What is the call for VIX spot at 10am EST monday?

Poll closed May 10, 2010.
  1. Less than 22

    2 vote(s)
  2. 22 to 27

    2 vote(s)
  3. 27 to 32

    11 vote(s)
  4. above 32

    8 vote(s)
  1. ouch sorry still trying to figure out this vega thing. :p
    #11     May 10, 2010
  2. so you got it all wrong
    #12     May 10, 2010
  3. Got it all wrong? It closed at 40.95. I called the 10am EST value at 26.00 The value at 10am was 27.18.

    How did I get it all wrong? Raked in 7 figures from the drop. Any other questions?
    #13     May 10, 2010
  4. What made you think vol would drop? Perhaps the $1T in EU backstop? Or maybe the 3% move in futures Sunday night by the time you posted this thread?

    Yeah, I have a question... why don't you produce a blotter?
    #14     May 10, 2010
  5. just messing with you :D

    nice call!
    #15     May 10, 2010
  6. I thought that was you for a second risk, all that fancy vega talk. :)
    #16     May 10, 2010
  7. Well, I could provide a copy of my mixed straddles report & sec1256 contracts from last year. Its a nice 8 fig number. Howabout we do this - double or nothing on the amount?

    2010? I'll do the same if you are on board.
    #17     May 10, 2010
  8. And BTW, yes futes were up ~25 at the time (not anything like 3%) and the bailout was only EU110b at the time.
    #18     May 10, 2010
  9. Futures were printing 1135 as of the time stamp on your first post to this thread. That's >2.5%. And you're FOS on the bailout, as 500B Euro was all over the wires, well before this thread:

    The 110B was limited to Greece and was in the market last week. The continental-EU bailout talk started Saturday with Merkel's comments.
    #19     May 10, 2010
  10. Not interested in your tax return, which has absolutely no bearing on the trade at-hand, simply the BS blotter showing you earned >1MM on vega on today's action. This is your thread, right?

    Hindsight is a wonderful thing. If you want credibility, then post the 1MM short vega BS on FRIDAY, before the close, when it actually meant something. I don't care if it was 50MM vega; it's meaningless if posted after the market ran 2.5%.

    Here's an example of an actual legitimate call made in realtime. It just happened to be a winner:
    #20     May 10, 2010