Final VXX closed

#VXXgame Sold to close $VXX Jan 17th 20 puts for 4.00. Bought between Jan 22 and Aug 27 for avg price of 1.30. Sold four batches so far at 2.65, 3.00, 3.25, 3.50, and 4.00.

My research over the history of VXX and UVXY show that this trade usually works. Of course, the first year I had a robust position (last year), it failed as the market went straight down from September until Dec 24th. But glad it worked out this time.

On next pullback I will start buying VXX and UVXY 20 puts to sell next fall. A reverse split will really help this work better, but not sure if we’ll get low enough before a pullback comes.

Adding more VIX

#VXXGame Bought to open $VIX Feb 18th 19/22 call spreads for .60. Added to the Jan 21st 17/20 already holding.

Is this a good time…

Is this a good time to start buying VXX calls? 🙂

#vxxgame

More VXX closed

#VXXgame Sold to close $VXX Jan 17th 20 puts for 3.50. Bought between Jan 22 and Aug 27 for avg price of 1.30. Sold four batches so far at 2.65, 3.00, 3.25, and 3.50.

Still holding a final batch. Going for 4.00.

More VXX closed

#VXXGame Sold to close next batch of $VXX Jan 2020 long 20 puts for 3.25. Bought for avg price of 1.30. Still holding more.

VXX longs

#VXXGame Closed second batch of my $VXX Jan 2020 20 puts, sold for 3.00. Bought between Jan 22 and Aug 27, avg price 1.30. Still holding several more.

VXX long puts

#VXXGame This is the first closing of my $VXX Jan 2020 20 puts, sold for 2.65. Bought between Jan 22 and Aug 27, avg price 1.30. Still holding several more.