VXX Contango Special

One more of these.
Huge reversal in VXX to the downside after the morning blastoff to 16.74.

Bought to open VXX Jan 21 2022 6.0 Puts / Sold to Open VXX Mar 12 2021 14.5 Puts @ 0.02 Credit.
Short DTE = 7
Long DTE = 322
VXX @ 15.12

I’m done for today with these2021-03-05_12-24-40