Trade view /
13 June 2016 at 18:51 GMT
We initiated this bull call spread on the expectations that VIX would rise
. Today, the index is trading near our short strike of $20 and with one day to expiration we will sell it back for $3.05 vs purchase price of $1.90 or 62% return.
— Edited by Martin O'Rourke
Non-independent investment research disclaimer applies. Read more