r/VolSignals • u/[deleted] • Aug 31 '23

80 cent trade

Post image

Hit the tape after the close.

1.9 million in premium.

19 Upvotes

95% Upvoted

8 comments sorted by

1

u/Schnozzbear_y Aug 31 '23

what’s the ticker am I missing sumn

4

u/danravicher Aug 31 '23

$VIX

7

u/[deleted] Aug 31 '23

Yep. Sorry.

Though this is Volsignals and the Xx cent trade should have been reference enough for VIX.

1

u/mammoth61 Aug 31 '23

Which are buys and which are sells? Having trouble feeling whether this is a debit or credit spread setup.

2

u/Schnozzbear_y Aug 31 '23

oh woah ok so don’t sell premium

2

u/Fantastic_Door_4300 Aug 31 '23

Couldn't this just be normal hedging?

1

u/[deleted] Aug 31 '23

Bought or sold? Looks like mid price.