Shorted the Vix. Bought Mar 19 PUTS at $11 for .10. You can get those really cheap right now and have a 5 month time frame, should work out well when the vix pulls back. If the vix spikes up again, I will be picking up more.
-Sherem
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This comes off our previously successful trade where we made out really well -
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For anyone taking this trade, keep in mind this will takes months, but the rewards are good. It will most likely do something like this, not just straight down.