Hi,
I’ve been in VIX school, and the tuition has been somewhat high. Since I’m already flunking out, I should ask:
Should I buy to close the 10 put and hang on to the 5 put? (this was purchased pre 5:1 split so the real values are 50 and 25). I don’t see VIX spiking to any meaningful number that would help this trade soon.