1309.59 closed.
soi
Commodities Crypto ETFs FX Indices. inc VIX
BrownAdder
#602
CFTC Data still not available.
Fairly annoying
USD Index is soaring - news sensitive spike is expected
No insight
BrownAdder
#605
VIX going low
This time there are 2 factors which could make it spike but still too early to call Long
soi
#606
Hi BrownAdder.
What is the symbol for March expiry VIX pls. ?
IG only list current month, expiry tomorrow.
Thanks
soi
BrownAdder
#607
Hi Soi
in IG once you open VIX trade
There’s a little Future drop down menu - its very discreet
If you pull it down you can choose Feb, March or April Expiry
Swamp_Cat
#610
Hi BA and SOI,
Forgive me I’ve been for a meal and a beer, her indoors needed airing.
I might be a little impaired to calculate right now.
That April futures market looks more expensive than overnight funding & rollovers combined for 60 days.
Why would anyone choose April? Or havevi overlooked something?
Swamp_Cat
#611
As I thought, Beer was the problem. 13/2 Expiry gave the appearance of a good price without me noticing it was 13/2.
March & April prices much closer.
March is still quite a premium at 1.2 points over spot price (7.8% over spot). It gives them plenty of slack to take up in the spread even if the market moves in your direction.
So when the market moves up 10% in a day as it does, you’ll see only minor performance.
VIX was barely above 17 between April & September 2018. Even entering at 15 + futures spread 1.2 makes it a risky play.
Will Brexit throw some volatility in March?
BrownAdder
#617
All I can say is that VIX is a great insight for market direction and if it ever looks to spike you can always get in that day - make the trade and get out the same day as @soi does it through SB.
Nothings happening for now and waiting for the right time is the biggest part of trading game and sometimes the waiting can get annoyingly wrong.
Dont open too many trades - wont help