OPENING: VXX JAN 17TH 22/23 LONG PUT VERTICAL

Telah dikemas kini
... for a .45 debit.

Max Profit: $55
Max Loss: $45
Break Even: 22.55
Delta/Theta: -2.81/-.11

Notes: Here, a bet that beta slippage and contango eat away at this VIX derivative over time ... .
Nota
Sept opex check. Yowsa. They crushed the crap out of vol off those highs. 20-20 hindsight: I probably should've manned up and gone wider. Currently valued at .63, just going to leave it alone to grind into near max if that its "grand plan."
Dagangan ditutup secara manual
Out for .75, .30/$30 per contract winner, 67% ROC. Back to waiting for the next pop to re-up.
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