$36 Profit
VXXShort Option
hoop121

Entry comments: VIX did not confirm the dip which is bearish for the VIX. put this on as a hedge for my put premium. this makes my position a Long Iron Condor, but not near as profitable as it would have been had I put it on when I traded the Put side of it.

Exit comments: Max Gain: $35.83; 6.98% of trade; 1.55% of account Max Loss: $513.36; 22.18% of account only 2 days from expiration and VIX has to make a 10% move in order to max out the losses

000

Broker:ETrade
DatePrice
Entry2/28/20120.07
Exit3/1/20120.0252
  • Total Views193
  • Position Size8
  • Percentage64%
  • Option TypeCALL
  • Strike
  • Expiration3/2/2012
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