SPY closed at $103.56 -$3.09
Current position is +$45 or +5.6%
Option traders, today I decided to sell out of the blind straddle. Why? A few reasons:
Over before it even had time to start!!!
SPY closed at $106.65 +$2.24 (2 standard deviations up today)
Current position is -$
Yesterday, I made a bet with Wayne at Sigma Options. I bet him that the VIX will see 17 before it sees 30.
SPY closed at $104.41
Current position is +18 or 2.05%
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[gallery link="file"]SPY closed at 106.42
Current position is -$64 or -8.05%
Option Traders, the market did not give us what we wanted out of this position.