Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Ms. VIXie Is Being A B**** Today

|Includes: Chicago Bridge & Iron Company (CBI), GPRO, WLL

Summary

How does 13.84 on the VIX make you feel when you have 11 Calls?

How does 13.84 on the VIX make you feel when you have 11 Calls?

How does 13.84 on the VIX make you feel when you have 11 Calls?

and they do not expire for 2 weeks?

What a fun day!! (NOT)

VIX holdback @ 11.12 Friday:

VIX holdback @ 13.84 today:

Hmmmmmm. Net increase in the holdback +$33,695.00

Ugly.

As you are an astute reader, you know that I had 3 trades to do today with GPRO, CBI and WLL because you already read this.

Well that was YESTERDAY'S NEWS. Here's what happened on those 3 trades, plus 1 more to generate some cash to help cover the house call, not that it helped much:

Net premiums credited: +$12,502.95

Unfortunately here's were we ended up at the close:

OUCH.

From +$19K Friday night to -$42K today.

OK, well I did take out $12K to pay bills with so there is that, but still, what happened to my EZ cruiser of a week?

Nothing due till..... Friday?

I'll cross my fingers until the midnight reset...... 

and Futures are down.....

Sigh.

YRMV

PS: 5:30AM PST update:

It must have been the doughnutz that did it - only -$20.5K this am!

PPFFFFFFFFFFFFFFFFFFFFFFFF

Disclosure: I am/we are long GPRO, WLL, CBI, CLF, REML, ENDP.

Additional disclosure: what happened to BTFDATATH?