This is Draghi’s day. As I still had 80 euros to recover from the long puts and everybody suggested to be flat, I opened from my mobile a long position on ibex Jun 2014 future at 10740. I added a long 8000 put March 2015 at 98 eur cost.
Total cost to be such long vega at that distance was 180 euros this morning. Guess what? Now it’s 3 pm and I just closed the future at 10920, thus covering the entire cost of my loooong wings that come now for free.
I’ll be back in the market, as soon as prices move around.