The Epic American Credit and Bond Bubble Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: ild who wrote (43053)	10/7/2005 8:06:47 PM
From: Chaka	Read Replies (1) of 110194

They were 13.5 when VIX was at 12. IMO people why sell them at 14 yesterday strongly believe that this to be the value at "delivery". The delivery price is not the VIX closing or opening price. I think Mish is right - it is the VIX value one month out. I know this because I thought I was going to break even based on the VIX closing price and turned out I lost money because the delivery price was way below that (the contract was trading the day before near the delivery price and I couldn't figure out why people were trading at a discount!). I have given up on VIX because of the really low liquidity and erratic movements of later month futures to the day-to-day vix.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next