I see some big buyers in SPY pPuts — the
June 125s, which expire Friday.
I am still long the September 120 Puts, and June VIX calls. Remember that the
VIX options are Euro style, and expire Tuesday. I expect to hold the VIX thru
expiry, unless they approach fair value.
I suspect there is an Arb opportunity in VIX options, and that will bring the
prices more into line with the cash settlement rather than the futures. We’ll
see . . .
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.