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Motley Fool Pro / Pro: Catch-Up Trades


Subject:  Re: VIX May options Date:  5/11/2013  7:53 AM
Author:  Deek6465 Number:  446 of 830

Dan or whoever is listening,

re: VIX may option

With Expiration a week away and the Vix doesn't look like it is any mood to pop, why not close out the position early and salvage what little premium could be harvested. The difference in the $17 call and the $25. call is still a cash credit, still a loss in the total trade, but a little salvaged before it all goes away?

Maybe there is a good explanation?


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