Escaping unscathed on VIX settlement day
With the markets opening mixed this morning, I escaped unscathed with my remaining May VIX options position, which was a now-naked sale of VIX 20 calls. The May settlement figure for VIX came in at 18.02, and though it is not material for my trade, VIX has since deteriorated further to the mid-16 range.
Maybe time to buy more ???