Top Gun Options Advanced Trade Alert on VXX

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Will They Keep Partying In Ibiza Like It’s 2006? Yes… Vol is cheap, time to buy.

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TopGunOptions says:

The time erosion over the weekend will help us and any increase in the VXX will also push the profit higher. This portion of the trade has the potential to net us another $3100 if the VXX goes further up.

TopGunOptions says:

The 10 I closed out cost 1.59 each to close the position. I locked in $1510 profit on that portion of the trade. This leaves us with a max risk of $900 on the rest of the trade. Counting the profit we just locked in we are guaranteed at least a $610 profit on the complete trade even if everything completely falls apart at this point.

The trade still has to potential to get better so I am leaving 1/2 of it on.

TopGunOptions says:

Here's what we call Superior Execution – entered this trade yesterday, made over $1500 in the model portfolio, with potential to make up to $3100. If you haven't signed up for the Trade Alert trial, what's stopping you?

I entered the VXX trade on Weds at 2:42

20 Bull Puts on VXX Feb Exp (Long 24 Strike/Short 28 Strike) for a credit of $3.10 each

The total Margin Requirement for trade was $1800.

Closed out 10 of these today after the VXX spiked on the Greek issues. Kinda expected this.

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