What are the best short spreads for this market

Discussion in 'Options' started by Mnewton, Dec 29, 2018.

  1. Mnewton


    Have tried iron condors, strangles , condors on NDX and VXX at low implied volatility.
    In this market the IV changes too rapidly to be able to manage the spread. Was looking at multiple condors long and short on NDX one week out or maybe closer.
  2. i bot FAX a few months ago, KISS
  3. ET180


    Short VIX looks attractive to me. The problem is that if you want to put on a defined-risk play on VXX, the risk-reward is horrible. So it appears that collapse is already priced in. I assume that the borrowing cost to short is also very high.