/OMG/ OPTIONS MARKET GENERAL

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im all out of cats

I'm keeping your thread alive numb nuts.

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>I'm keeping your thread alive numb nuts.
If you knew how to trade options you could make yourself useful here, neckbeard

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>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

>>find vxx
Why VXX and not VIX itself?

cause im not trading futures im trading options

>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

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

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Fuck you, use /smg/