Clarification and latest positions
Just a quick note of clarification for you guys regarding option trading the VIX. Some brokers don’t offer options on the VIX so you have to use the VIX-based ETFs like VXX or VXZ in that case. We’re not going to be in these VIX options for more than a few weeks at most, so I expect the ETFs to track the VIX rather well in that time frame anyway in the end so assuming you aren’t buying some obscure VIX-vehicle, there’s not too much difference as to which VIX-related vehicle you buy calls in.
Anyway, here’s my latest positions, in approximate order from largest notional to smallest:
Longs –
- Apple
- Fusion-IO
- Cisco
- Nuance
- Cypress
- Sandisk
- Autodesk
- VIX
- Microsoft
- Riverbed
- Visteon
- DBA
Shorts –
- LPS
- Apollo
- Bank of New York
- PNC
- Wells Fargo
- Live Nation
- SLV