The VIX trades summary sheet

[MichiganWater 11]

Kim, I'm not really sure which forum this would be best in, so please move it to a different one if you think it belongs somewhere else.

 

First, let me say thanks both to you and everyone else here.  I am not an experienced options trader, so I spend far more time reading and learning than contributing, but I hope to change that as my level of knowledge increases.

 

Given the non-standard way that VIX trades need to be understood (the underlying are futures), I've put together a list of previous SteadyOptions (SO) trades to help me understand what are good exit/entrance prices, and what criteria I can use to judge present prices in light of the historical context.

 

I figured I'd share it just in case it might help others as well.  Three notes:

 

1. I only listed at calendars and vertical spreads. No butterfly and no backspread in this list.  If we end up doing them regularly, then I might add them.

2. For the trades with rolls, I indicated only that they had them and included no further information.  At that point it becomes too complex of a representation for this type of list.

3. If you see any errors, please let me know, and I will update the information.

 

Any recommendations for improvement are certainly welcome, including how to put tabs instead of spaces in there to make things line up.  The post keeps deleting the spaces I use.

 

 

April 2013 2-month 17-put cal, in at 0.25 credit (VIX 15.40), out at 0.05 credit (VIX 14.24) for 0.30 gain

May 2013 2-month 16-put cal, in at 0.50 credit (VIX 12.65), out at 0.15 debit (VIX 14.09) for 0.35 gain

May 2013 1-month 17-call cal, in at 0.43 debit (VIX 17.17), out at 1.00 credit (VIX 14.40) for 0.57 gain

Jun 2013 2-month 16-put cal, in at 0.49 credit (VIX 11.30), out at 0.00 (VIX 15.30) for 0.49 gain

Jun 2013b 2-month 16-put cal, in at 0.50 credit (VIX 13.05), out at 0.20 debit (VIX 14.33) for 0.30 gain

July 2013 2-month 16-put cal, in at 0.48 credit (VIX 12.60), out at 0.15 debit (VIX 14.50) for 0.33 gain

July 2013b 2-month 16-put cal, in at 0.48 credit (VIX 12.95), rolls

Aug 2013 1-month 17-call cal, in at 0.50 debit (VIX 18.30), out at 0.90 credit (VIX 17.80) for 0.40 gain

Dec 2013 1-month 17-call cal, in for 0.50 debit (VIX 15.11), short expired (VIX 13.40), out 0.25 credit for 0.25 loss

Jan 2014 2-month 16-put cal, in for 0.70 credit (VIX 13.40), rolls

Mar 2014    2-month 16-put cal, in at 0.75 credit (VIX 12.50), out at 0.40 debit (VIX 13.98) for 0.35 gain

April 2014   2-month 16-put cal – no official fill, others in at 0.70 and out at 0.41 to 0.00

Jun 2014    16/13 call vertical, in at 1.00 debit (VIX 12.40), rolls

July 2014     1-month 17-call cal, in at 0.42 debit (VIX 12.36), rolls

Nov 2014     1-month 15-call cal, in at 0.50 debit (VIX at 13.90),  meltdown, out for 0.50 debit (VIX 21.70) for 50% loss

Dec 2014   1-month 16-call cal, in at 0.00 (VIX 20.70), out at 0.45 credit (VIX 16.20) for 0.45 gain

Feb 2015   1-month 16-call cal, in at 0.50 debit (VIX 12.10), out at 0.70 credit (VIX 17.35) for 0.20 gain

May 2015 2-month 16-put cal, in at 0.60 credit (VIX 12.50), out at 0.40 debit (VIX 14.02) for 0.20 gain

May 2015   1-month 18-call cal, in at 0.47 debit (VIX 12.85), rolls

Jun 2015 16/13 put spread, in at 2.10 credit (VIX 11.95/14.25), out at 1.75 (VIX 14.20/14.95) for 0.35 gain

July 2015 2-month 16-put cal, in at 0.63 credit (VIX 12.50), OPEN

 

 

[Kim 7,421]

Thanks for sharing. For trades that we rolled, there is still P/L mentioned in the closing alert.