Conservative option strategies, what did you buy or sell today?

[vbin]

(08-19-2020, 12:32 PM)fenders53 Wrote:

(08-19-2020, 09:21 AM)vbin Wrote:

(08-18-2020, 10:42 AM)fenders53 Wrote: VBIN, what ETF do you use to play VIX options. I am ready but don't want to jump into a fund with bizarre leveraging practices.

I have tried a little bit VIX twice and both time lost money so not touching it again.


Sold a Roku put $138 strike, expiring next week.

Did you play it after the March crash expecting further levels of Armageddon?  I lost some money buying protective puts around that time.  Did you actually trade the symbol VIX?

I traded it once straight out of school in 2008 based on what a friend from wallstreet told me. I got greedy and kept buying even after he told me to sell and run, lol. Dint have any clue what the hell it was. Straight gambling.


Second this year after March, bought couple of puts on VXX.