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Ronin_trader
7 jan 2021 13:47

Feb Hedge: VXX Puts - 19 Feb expiry Kort

iPath Series B S&P 500 VIX Short-Term Futures ETNArca

Beskrivning

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 stängt: målet nått

This option expired quietly, which was part of the original hedge plan
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