Option Strategy Question

[jonoelgrande]

Hi, new to the forums, had a quick question about an option strategy

If i wanted to originally be flat weighted and parallel vega, then when the market rallies short vega and long gamma, and when the market sells off long vega and short gamma

How would you construct such a position?

thanks

 

[QuestOptions]

i don't mind taking a crack at your question...the problem is I don't understand what you are trying to achieve.....

Can you ask the question without referring to the option Greeks or can you further expand on your example?

 

[Martinghoul]

Is that like a homework assignment or smth? First thing that comes to mind is a risk reversal calendar spread of some sort.

 

[Honiya]

Hi, new to the forums, had a quick question about an option strategy

If i wanted to originally be flat weighted and parallel vega, then when the market rallies short vega and long gamma, and when the market sells off long vega and short gamma

How would you construct such a position?

thanks

This is but natural question... I think experts can have better idea about them... And they can tell you that what should be the better strategy or better solution for this issue... Thank you !