>stop trying to tear /smg/ apart don't be an autist OMG just gives anons some options most on SMG don't even have a clue how to long VIX or strangle /GC
>go to trading platform >find vxx >find call options that expire friday >find strike price of 22 >hit the ask 100 times >wait for jerome to fuck the market. >sell the options for a few shekels
Kevin Gutierrez
>>find vxx Why VXX and not VIX itself?
Elijah Jackson
cause im not trading futures im trading options
Elijah Watson
>cause im not trading futures im trading options
VIX is not futures. VIX is a cash settled options index. VXX is a derivative ETF of VIX
Christopher Hill
For a buck you can long VIX 100 18 SEP 19 20 CALL At expiry breakeven at 21 22 for a reward of 1.0 equal to your risk