Into VIX Sep 18 '13 $20 Calls @ $1.00...

We need about a 20% move upwards to hit my strike...

Over the past 3 months, this thing was sold down from a high of $3.50 all the way to a low of $0.45 and the trend has started reversing...

Open Interest = 263501

Implied Volatility = 122.95

Syria... Taper Talk... a lot of stuff could drive the VIX higher - especially if we get some NFP numbers that are out of sync with market expectations...


P.S.

Current Price = 17.43