The premiums on VXX are just hard to resist, so I didn’t. I like VXX as an indirect hedge for most of my other long positions and think even on a lull in volatility the premiums are still worth selling out of the money. While VXX was trading at .32 this morning (above Read More
Posts Tagged ‘VXX’
Stock Investments :Options Expiration – August 2010
Posted 22 Aug 2010 — by admin
Category Stock Investment
Category Stock Investment
Today’s option expiration finished somewhat differently than I thought it was going to as of a week ago. Here’s the breakdown of how it went down:
VXX, two August 24 Puts – I’ll be assigned 200 shares of VXX on Monday morning. Instead of trying to roll Read More
Stocks Investments :Sold VXX Naked Puts
Posted 15 Jul 2010 — by admin
Category Stock Investment
Category Stock Investment
This is an interesting trade to me because it’s a derivative on a derivative. VXX is the iPath S&P 500 VIX Short-Term Futures ETN. In other words it’s an “ETF-like product” that tracks the VIX, although not at a beta of one. The VXX is less volatile Read More