VIX Calls These calls should be rolled into April 19th expiration before next Tuesday. As of today most attractive new strikes are $30, $35, $40, depending on appetite for risk:reward. The tracking table has the Mar 22nd $25C as high as +211.26% on March 13th. The run that produced that spike is shown on this 15 minute chart below: VIX is not done spiking, we want to be holding calls at the peak, wherever and whenever that may be. VIX April 19 Calls A run-up to 40 is minimum expectation by April monthly expiration, but much higher prices are possible if another global banking shoe were to drop. A closer look in this weekend's update.
