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 |
|---|
| 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. |