By CC and Enis
TRADE – Buy to open the VIX (14.40) March 14 – 15/19 call spread risk reversal for even money
– Sell to open 1 March 14 put at .55
– Buy to open 1 March 15 call for 1.00
– Sell to open 1 March 19 call at .45
ACTION – Sold to close VIX ($17) March 14 – 15/19 call spread risk reversal at 1.75 for a 1.75 profit
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Trade: SPY ($181.89) Bought March 31st quarterly 180 / 170 Put Spread for 2.00
-Bought to open March 31st 180 Put for 2.80
-Sold to open March 31st 170 Put at .80
TRADE: Sold the VIX (13.33) Feb 14 Put to Buy the Feb 16/20 Call Spread for Even Money
-Sold 1 VIX Feb 14 Put at 0.65
-Bought 1 Feb 16 Call for 1.40
-Sold 1 Feb 20 call at 0.75
ACTION: Bought to close half the VIX ($20.20) Feb 14 Puts, sold to close half the Feb 16/20 Call Spreads at 1.90 (paid even money)
Action – Bought to Close the balance of the Feb 14 puts for 0.20 (average gain on the structure was .85, paid even initially)
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TRADE: Sold the VIX (12.90) Dec 14 Put to Buy the Dec 15/18 Call Spread for Even Money
- Sold 1 Dec 14 Put at .60
- Bought 1 Dec 15 Call for .1.15
- Sold 1 Dec 18 Call at .55
ACTION – Bought to close all of the VIX Dec 14 puts for 10c, sold to close 1/4 of the 15/18 call spread at .60 to cover the cost of the puts.
ACTION – Sold to close the remaining 3/4 of the VIX (16.25) 15/18 call spread at .95, for a total 1.00 profit on the structure.
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SPY ($176.45) Buy the Dec31st 173 put for 2.50
- Buy 1 Dec31st 173 Put for 2.50
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SPY ($176.45) Buy the Dec31st 172/162 Put Spread for 1.54
- Buy 1 Dec31st 172 Put for 2.22
- Sell 1 Dec31st 162 Put at 0.68