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re: How can I take advantage of the drop tomorrow?

Posted on 6/24/16 at 1:03 pm to
Posted by Iowa Golfer
Heaven
Member since Dec 2013
10232 posts
Posted on 6/24/16 at 1:03 pm to
quote:

The real money was made earlier today by the people who took a bet on "leave"
Specifically gold and silver...


This, but I would add, those of us who are prudent enough to insure drops like this with VIX calls.

The last several years have been pretty good in this regard, trading metals around overreactions, and collecting more in VIX claims than VIX premium paid.
Posted by dabigfella
Member since Mar 2016
6687 posts
Posted on 6/24/16 at 1:31 pm to
apple is a dog with fleas at this point the chart looks horrible but vol expanded big time today so i sold some 2017 and 2018 $85 puts
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