Страници

Thursday 14 June 2018

50 Cent bets on VIX again

Do you remember the mysterious trader "50 Cent"? The guy who, for nearly a year, has consistently bet on put options on the VIX volatility index and, though for a long time shadowed, ultimately made a profit of tens of millions of dollars?
This might be a good example of how patience and persistence of trading, coupled with a good commercial strategy, reward the player.
Well, it looks like the mysterious trader is back to its favorite instrument again.
After profiting about $183 million and long absent, or rather awaiting, from the volatility index market, the trader made its bet again.
It was placed on Tuesday with the purchase of 50,000 call options with $28 bet on the volatility index at a level of 0.50 and 0-51 cents. On Wednesday morning, a similar deal was made again, but this time for 0.49 cents.
Of course, there are some doubts about whether the bet is made by the original "50 cent" and not by an immitator. So it's good to have one mind on S&P 500.



No comments:

Post a Comment