X moving retty sharply lower. Time for calls?

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Short term moves, a bunch of us have had some great success playing X when it gets too far out of regular trading channels

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Where my boi X at? Lol

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I was gonna say MD must be new

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Trying to catch a falling knife? You are betting against China, do you have more capital than they do?

New to this group, yes. Option trader for past 16 years. I don't trade these types of moves though.

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What are some of your favorite strategies to use in VIX since it constantly decays? Bear call spread? Or is there something more profitable?

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A friend sent me this. Thought I'd share, but I can't attest to it's validity.

Post Photo
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Hi, amateur question. Is there any difference tax wise on letting an option expire vs sell for nothing? I assume both are tax losses that you can compensate with gains in other options right? TIA

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