Seeking Alpha
  • Tom Guttenberger
    Bought some $VIX $19 Jan calls today. Cliff insurance.
    12/20/12
    Reply (5)
    • Ron Myers: Wow nice timing
      12/20/12
    • Ocean Man: Nice Tom.
      12/21/12
    • Tom Guttenberger: Wow this is off to a nice start. Entirely new dilemma getting out though lol. Will be interesting how these prices react today.
      12/21/12
    • Ocean Man: Yeah, it's bittersweet when the open was your best sell point. I like to leg out of these as gains can disappear (or multiply) quickly.
      12/21/12
    • Tom Guttenberger: VIX options are an odd trade. I'm focusing on distribution of outcomes, and am holding for now. Can't focus too much on this arbitrary P/L!
      12/21/12