$VIXW 20240424 16.0 PUT$ manag

$VIXW 20240424 16.0 PUT$ managed to buy this vid when Vix spiked up above 16. What goes up needs to come down. I have either to hold till expiration, 12 days for Vix to go down further towards recent 13 support. This is cash settled at expiration. Or if it falls to around $13 before expiration, will just close it.

Winning Trades

Share your positions with us! This is a column where you can find the winning trades of our fellow tigers. There probably are a few potential opportunities that you may have overlooked.

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Comments

SidneyMike
04-12
SidneyMike
You seem to have a good handle on the options game.
- phagefish:
  thank you. learning as I go along.
HunterGame
04-12
HunterGame
👍
- phagefish:
  thank you

Leave a comment

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Or if&nbsp;it falls to around $13 before expiration, will just close it.&nbsp;</p>\n<img src=\"https://community-static.tradeup.com/news/c6929445f319050870b5e2fe5d02693c\" tg-width=\"898\" tg-height=\"1475\"></body></html>","htmlText":"<html><head></head><body><p><a href=\"https://ttm.financial/OPT/VIXW 20240424 16.0 PUT\">$VIXW 20240424 16.0 PUT$ </a> managed to buy this vid when Vix&nbsp;spiked up above 16. What goes up needs to come down. I have either to hold till expiration, 12 days for Vix to go down further towards recent 13 support. This is&nbsp;cash settled at expiration. Or if&nbsp;it falls to around $13 before expiration, will just close it.&nbsp;</p>\n<img src=\"https://community-static.tradeup.com/news/c6929445f319050870b5e2fe5d02693c\" tg-width=\"898\" tg-height=\"1475\"></body></html>","text":"$VIXW 20240424 16.0 PUT$ managed to buy this vid when Vix spiked up above 16. What goes up needs to come down. 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