Buying $VXX and $TLT Weekly call backspreads to hedge more potential downside over the weekend. Unless the “other shoe drops” equities should see a bounce into Monday, but given all the “unknowns” the probability of another leg down is entirely possible. And this wave of volatility is almost certainly not over, so positioning appropriately is… Continue reading Hedging the Weekend
Gold triggered a trade and the GLD puts are paying off well. Bought at 11:28 for $0.43, sold at 1:06 for $0.76.
Bought the VXX 12.5 Weekly calls for $0.13 this morning at 11 am on the weakness after coming back from a few days of vacation. They were $1.20 at the close.