Sheridan Options Mentoring Blog |  |
| Options Safari – GE Calendar and VIX Vertical Spread Repaired Posted: 16 May 2011 09:04 AM PDT Dan is recording two CBOE TV Option Safari shows today: GE Calendar VIX vertical spread repair The VIX trade was from an Options Safari show recorded on April 4th. Six weeks later, VIX is about where it was with 30 days still to go in the trade. Dan rolls down the spread which increases the debit in the trade, but lowers the breakeven nearly 3 points to near the current price of the VIX. Download the PowerPoint slides
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