VIX

Here are a few of the really noteable purchases of VIX calls during the very volatile session:

• 25 mins into the day someone bought 80,000 Feb 14th expiry  22 strike calls for $.87
• As market rallied back, they bought another 50,000 of the same strike for $.80 and $.67
• Identical trades went off in March 21st expiry 22 calls for $1.18, $1.20 and $1.09 (Those same March 21st expiry 22 calls traded to $5.62 today)
• At 1:32 pm ET they stepped up to buy 50,000 Feb 14th expiry 18 calls for $2.38
• The trades are only getting bigger today. Biggest thus today far is the 241,000 calls traded at the 15 strike (March 21st expiry) for $8.20. That’s a cool $197M in a single trade.