kenw232

I have a question. I'm a beginner. Typically VIX ETFs will drop as the underlying security goes up in price. Like the usual VIX vs S&P. But I see the gold vix GVZ goes up when gold goes up. Why? And even stranger gold just shot up $100 but GVS goes no where now. Why so random?

anyone know where I can get a good listing of the VIX weekly options chain online somewhere? Yahoo has nothing and its virtually impossible to find something decent for some reason.

I have some SPY calls. How late can I sell them? Can I sell them on the day of expiry? The day before? They expire Feb 19. Yes, I know they will have no value. For the 10 people that answer 10 questions I did not ask I understand there is no value left in them at the end.

From what I read on sites like http://www.theoptionsguide.com/vix-option.aspx it says "VIX options are european style options and hence can only be exercised on the expiration date." I'm confused. Does this mean if I buy VIX calls I cannot sell/exercise them before expiry if I get lucky and bank some value before the expiry date/month? I'm forced to keep them until the expiry date then?

What if my Long Call already had a Call Sold to offset the premium. So its was a Call Spread. If I sold a Call again to book the profit would I have to buy another Long Call to offset the original Call Sold too? Hope that makes sense...

Hello, I'm new to options trading. Is someone allowed to "sell to close" a Long Call before the strike price is reached? For example AAPL is at about 402 a share now in middle of May. I come in and buy 1 contract of "Jul 20th - $600.00 Strike" for .35 cents for a total cost of $35. Say in June AAPL moves up to about 520 a share. Can I lock that profit in by selling to close the call now? Or do I have to wait until it hits the 600 strike price or until the expiry date on July 20 to find out what happens? Thanks.