Video Notes

Continue to work on the SPX gap strategy and setting up positions to wait for the price to go down. Opened Dec 2019 expiration VIX position back in early Aug 2019, now the VIX spot price is much lower around 14 and yet the option price of my position is not going down. It seems the Dec VIX options position I have is based on the Dec VIX futures pricing and not the VIX spot price.





