To: palmer
Market dump. Which it did. Vix is volatility. He bought calls...meaning he wants the vix market to go up.
He put on a position again last week. Almost 6 million dollars. He doesnt need Vix to go to 24. He just needs it to rise and get out. Or..he may be trying to force other issues in market as some of my posts have indicated .
Vix effects the price of all options. Higher it goes the more costly they all get.
69 posted on
09/16/2019 2:36:28 AM PDT by
RummyChick
("Pills, money .. this city is wicked. Your best friend will kill you here." Smoove about Baltimore)
To: RummyChick
Thanks, I think I see the potential profit. $6M in calls, 600K for some drones. Actually I'm old hat at this, My first sale ever was short selling $1000 in cattle futures in 1978. I covered the next day for $5300.
70 posted on
09/16/2019 4:21:08 AM PDT by
palmer
(...if we do not have strong families and strong values, then we will be weak and we will not survive)
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