VXX Put Spread – Jul 10 Return: 243%
Trades |
---|
SELL 1 VXX Jul27 28 PUT |
BUY 1 VXX Jul27 30 PUT |
Date | Entry Price | Exit Price |
---|---|---|
Jun 28 | 0.14 | |
July 10 | 0.48 |
TOTAL PROFIT |
---|
0.34 |
RETURN ON RISK |
---|
243% |
TRADE DURATION |
---|
1 DAY |
COMMENTS |
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We got a nice upside move in implied volatility so we decided to do a short (downside play) with VXX. The trade used was a vertical put spread. |