ENER, I first spotted this from Jim’s report via theflyonthewall and got into the action. Watchout for the move-up, the same is true for Jef as well.
Check out The kingsland report here.
Profitable trading, OptionPundit
ENER, intraday trading, JEF, Past Performance
I decided to take advantage of the VIX spike today to offload my VIX 17 futures and free-up cash to invest in other opportunities due to options expiration.
I have been buying May 17 VIX calls. With a very small spike today, my VIX returned a nice 33% profit for 1-2 day holding period.
Profitable trading, OptionPundit
Past Performance, VIX
Here is a list of some of the major income trades I have opened for May 2007 and also shared 3 of these 4 for general OP Reader’s viewing:
Trade-1
Date: April 5-6, 2007
Description: Long RUT May 870 calls/May 750 puts, Short May 860 calls/ 760 puts
Credit:$2.05 per trade, Margin required : $7.95 per trade
Profit or Loss:$0.55 or 6.9% and [...]
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