-$114 Loss
VXXLong Option
This is a CALL. I bought this early in April thinking SPY would eventually drop... multi-year bull market, etc. I held the 95% loss for weeks until 4/17/2013 when VXX started to rise. It broke even and dipped back down a couple of times so honestly I just wanted to get out. Hold one more day and I would have a profit... oh well.
Broker:Fidelity
| Date | Price | |
|---|---|---|
| Entry | 4/3/2013 | 0.40 |
| Exit | 4/17/2013 | 0.35 |
- Total Views227
- Position Size15
- Percentage-12.5%
- Option TypePUT
- Strike25.0
- Expiration8/16/2013
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