Liquidating the long side of some old spreads while there is still some profit there.
Sold to close VXX Jan 15 2021 $16.0 Puts @ 0.65. Average cost into the position was $0.55.
These were purchased as part of some diagonal put spreads in late summer and early October. I’ve lost count how many times I written against them but it’s a lot.
(Calculus involved in this exit = will VXX be below 15.35 in two weeks? Inquiring minds want to know)