Hello VXXB

#VXXGame #LongLEAPs
Bought to open $VXXB Jan 2020 20 puts for 1.75.
A starter position for a 12-month trade. My bigger target will be the 2021 LEAPs, which are still pretty expensive, but should lower in value by late summer, provided we don’t enter a bear market. I may also look at ATM puts and sell puts against them, but this OTM position is meant to be a cheaper play that stands alone without cost reduction.