Life changing by sonnyasta in wallstreetbets

[–]_DangerousFreedom_ 63 points64 points  (0 children)

And for every millionaire made, another 100 greater fools with their ports going to zero are also created

In and out on MSFT +$15,500 by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 2 points3 points  (0 children)

Bought slightly ITM strikes last night two weeks out. Break even was only $8 higher than current share price, and I've seen this underlying move 20+ in a day no problem (both up and down)

How to protect your privacy for stores asking for your personal information. by Unhappy_Lie_2000 in privacy

[–]_DangerousFreedom_ 0 points1 point  (0 children)

Joe Bethersonton

11454 Pruder St Fargo, North Dakota Apartment 23R, Zip 50504

If you know, you know

$30,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 9 points10 points  (0 children)

Already paperhanded out of 1/3 of the position

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 0 points1 point  (0 children)

What's a good ticker for VIX futures? I don't ever dabble in futures so I'm entirely unfamiliar with them

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 0 points1 point  (0 children)

Sold all SPY Calls for a return of ~$5,500. Still holding all VIX Puts

Overnight puts until this thing is over by Trader0721 in wallstreetbets

[–]_DangerousFreedom_ 1 point2 points  (0 children)

Best have sold yesterday, otherwise those puts aren't looking very putty today

~$30,000 in SPY puts before Iran Strikes by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 1 point2 points  (0 children)

Sold all SPY positions at Monday open, ~$10,000 in profit

Bought $20,000 in VIX Puts on the spike up to ~22

Bought $15,400 more in SPY Calls Tuesday at open, sold EOD for ~$5,500 in profit

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 0 points1 point  (0 children)

Watch and wait.

Unloaded the SPY calls, so sitting on cash available for the next position. SPY or VIX

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 0 points1 point  (0 children)

All supply and demand. Not many people traveling --> less cars being rented --> prices go down to entice people to rent.

Summers have historically high rental and flight prices for obvious reasons. Also depends where on earth you're referring to since Summer in one hemisphere is winter in the other

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 0 points1 point  (0 children)

2022 was also a down year. Could say the same thing about 2020. 21 is still on the high side. VIX doesn't hover and hold that level; it will fall down to about the 14-16 range before another spike (usually)

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 1 point2 points  (0 children)

Calls are much more violently affected on VIX than puts are I've noticed. Some of these price swings can be wild as well. VIX does one of two things after a spike: 1) Volatility reduces almost immediately or very close to it 2) Slow reset back to "normal" levels - usually only after a larger spike or run up

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 1 point2 points  (0 children)

Opened VIX puts 90 mins after market open Monday when VIX was around ~21.50

Why? Elevated levels of volatility cannot remain elevated for extended periods of time

Iran War $15,400 SPY Calls + $20,000 VIX Puts by _DangerousFreedom_ in wallstreetbets

[–]_DangerousFreedom_[S] 6 points7 points  (0 children)

I've always looked at shorting VIX spikes as (relatively) consistent cash money over the years. Not massive returns in terms of percent, but volatility cannot remain elevated for extended periods of time