Loading ...If you thought stocks were about to have a big drop and wanted to be long vol, which one would u choose-yes, I know the diff betwixt these 2…but just on a cost risk basis, I’d buy the SQQQ—it went to $31 in March—so it does have some scope. VXX premiums are insane–lots of 2 day calls + 6/26 calls bought today at high prices
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The $37.June 26th 50 VXX call option is $312 a copy—the VXX closed at $37
The $8.50 June 26th SQQQ call is $34—SQQQ closed at $8.06
https://finance.yahoo.com/quote/VXX/options?p=VXX&date=1593129600