With the $VIX retreating and $VXX possibly back on its ride to zero, I am going short VXX via a put spread in June.
Bought $VXX June 15 37/32 bear put spread for $2.40 debit. I’m looking to take this off for a 50% profit (closing for around 3.60).
With the $VIX retreating and $VXX possibly back on its ride to zero, I am going short VXX via a put spread in June.
Bought $VXX June 15 37/32 bear put spread for $2.40 debit. I’m looking to take this off for a 50% profit (closing for around 3.60).
Options Bistro 