Uploaded by Theresa Diaz on September 29, 2017 at 1:11 am
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I'm confused..wouldn't we be buying those VIX CALLS at or even below and out of the money, like the 8.0 Strikes for instance? Or is the key to buy them DEEP in the money (ITM) so they have maximum intrinsic value as they sit once they're put on? On the PUT side, wouldn't those SPX/SPY PUTS be far out of the money (OTM) in case the shit doesn't hit the fan and the BULL continues north?
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