Short term
Trade view / 11 April 2017 at 15:11 GMT

UPDATE: Closing VIX strategic trade with a gain — #SaxoStrats

Product Manager, Options Trader, Educator
Instrument: VXJ7
Price target: 16
Market price: 15.65

We had initiated on March 17 a trade idea to buy the 14/16 19 April call spread. Volatility has expanded as expected on geopolitical concerns and upcoming first-quarter earnings. We do not foresee the VIX volatility index climbing further in the remaining one week till expiration.

Management and risk description

We are closing the position today for $1.05, achieving a net profit of $0.75 per contract, or over 200%.

— Edited by John Acher

Non-independent investment research disclaimer applies. Read more
A compiled overview of Trade Views provided on is found here
Mekong Mekong
Would you carry the trade over to the next month?
Georgio Stoev Georgio Stoev
For a hedge, you could.
Mekong Mekong
Thnxs, working on it.
Vasiliy1 Vasiliy1
Спасибо Джорджио,отличная сделка


The Saxo Bank Group entities each provide execution-only service and access to permitting a person to view and/or use content available on or via the website is not intended to and does not change or expand on this. Such access and use are at all times subject to (i) The Terms of Use; (ii) Full Disclaimer; (iii) The Risk Warning; (iv) the Rules of Engagement and (v) Notices applying to and/or its content in addition (where relevant) to the terms governing the use of hyperlinks on the website of a member of the Saxo Bank Group by which access to is gained. Such content is therefore provided as no more than information. In particular no advice is intended to be provided or to be relied on as provided nor endorsed by any Saxo Bank Group entity; nor is it to be construed as solicitation or an incentive provided to subscribe for or sell or purchase any financial instrument. All trading or investments you make must be pursuant to your own unprompted and informed self-directed decision. As such no Saxo Bank Group entity will have or be liable for any losses that you may sustain as a result of any investment decision made in reliance on information which is available on or as a result of the use of the Orders given and trades effected are deemed intended to be given or effected for the account of the customer with the Saxo Bank Group entity operating in the jurisdiction in which the customer resides and/or with whom the customer opened and maintains his/her trading account. When trading through your contracting Saxo Bank Group entity will be the counterparty to any trading entered into by you. does not contain (and should not be construed as containing) financial, investment, tax or trading advice or advice of any sort offered, recommended or endorsed by Saxo Bank Group and should not be construed as a record of ourtrading prices, or as an offer, incentive or solicitation for the subscription, sale or purchase in any financial instrument. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, would be considered as a marketing communication under relevant laws. Please read our disclaimers:
- Notification on Non-Independent Invetment Research
- Full disclaimer

Check your inbox for a mail from us to fully activate your profile. No mail? Have us re-send your verification mail