Loading ...BETTER LOAD UP ON THOSE JAN 17 VXX $18 calls for 9 or 10 or 11 bucks a piece before the close today as a just in case trade—why so far outa the money?? Cause this is a long-shot trade that is based on a geo-political event happening…VXX is at a new 52 wk low today—its high was 42.49…if action flared up in the next few days the DOW could open up down an ald 1000 or 1500 depending and u could see $25 or $30 in a hurry on VXX….I didn’t buy before Trumps speech and glad I didn’t
Looking at the crude and gold action now at 2:24pm…there seems to be no reason to be long volatility…but I’ll buy anyway before the close…