Borrowing a trade from TT (Nick) but I went a strike higher on the spread. Sold $VXX Jul 20 36/41 BeCS @ 1.00 with VXX at 34.81. Being that this is the July expiration, it should decay rapidly when volatility starts coming back in.
Borrowing a trade from TT (Nick) but I went a strike higher on the spread. Sold $VXX Jul 20 36/41 BeCS @ 1.00 with VXX at 34.81. Being that this is the July expiration, it should decay rapidly when volatility starts coming back in.
Options Bistro 