As oulined in an earlier post, VIX Dec 16 puts were purchased, as a speculative bet and for insurance. Expired worthless. Under the following environment, how can this be?
US Election transfer
Lack of approved US Stimulus Plan
Improving yet beaten down Economic data and record high governemnt deficits, total debt
Brexit
Markets at all time highs
Tesla inserted in the S&P index (anticipated sell off in markets December 21 or 22)
No comments:
Post a Comment