Get started
Ronin_trader

Feb Hedge: VXX Puts - 19 Feb expiry

Short
iPath Series B S&P 500 VIX Short-Term Futures ETN (AMEX:VXX)  
Ronin_trader Updated   
AMEX:VXX   iPath Series B S&P 500 VIX Short-Term Futures ETN
Trend Analysis Beyond Technical Analysis options-strategy options VXX
0
0
trendanalysis beyondta options-strategy options vxx
February's Hedge Trade

This trade hedges TOL my secondary trade which is riskier as it was strategically structured to be the opposite of the border market movement. Hence if PG surges this should mitigate the loss.

It is 15% of the premium from Feb's Primary and Secondary trade. If things go well I should not need to cash this at all.

Bought 10 Puts @ 1, Strike 15
It requires an est -14% drop to reach the strike
Trade closed: target reached:
This option expired quietly, which was part of the original hedge plan
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.