NaughtyPines

ROLLING: VXX MAY 6TH 21 SHORT CALL TO MAY 20TH 21 SHORT CALL

AMEX:VXX   IPATH S&P 500 VIX SHORT-TERM FUTURES ETN
I'm rolling the May 6th 21 short call of this setup to the May 20th 21 short call for an additional $23 credit, as the May 6th had lost a good deal of its value ... .

The long-dated option leg of the setup cost a $752 debit when I put it on, and I've collected a net of $229 in credits so far -- about 30% the value of the long option.

Naturally, as price moves toward the long option, its value decreases, so the entire setup as of right now is "in the red" ... .
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out