Description
⋅ Another "Term Structure" trade, this time in the April expiry. (I currently have one of these on in March -- a 16/19 short call vert).
Here, the /VX futures contract in April is currently trading at 17.10 or so, so I'm using that price as a guide for my short call strike.
Looking for a fill at .75-ish ... .
Comment
⋅ Filled for a .75 credit at open. Entering a GTC order to close at 50% max.
Trade closed: target reached
⋅ Covering here at 50% max for a .37 ($37)/contract debit with 63 DTE. Still have a May 16/19 on.