Shared by
Trader_Rod
Odd way to play the VXX as a reverse hedge against a declining SPY. $32 was last break out level and vol held above $16 for most of the week. Started campaign at .61 with AE scales. Holding a small position as hedge against SPY 190P.
Execution detail:
| Date/time | Symbol | Side | Price | Position |
|---|---|---|---|---|
| 2014-08-07 17:30:13 | AUG16 14 32 PUT | buy | $0.6100 | long |
| 2014-08-07 18:23:04 | AUG16 14 32 PUT | buy | $0.4100 | long |
| 2014-08-07 18:23:04 | AUG16 14 32 PUT | buy | $0.4100 | long |
| 2014-08-07 18:39:55 | AUG16 14 32 PUT | sell | $0.5000 | long |
| 2014-08-08 12:42:42 | AUG16 14 32 PUT | buy | $0.3900 | long |
| 2014-08-08 12:55:10 | AUG16 14 32 PUT | sell | $0.4600 | long |
| 2014-08-08 13:14:53 | AUG16 14 32 PUT | buy | $0.3700 | long |
| 2014-08-08 13:14:53 | AUG16 14 32 PUT | buy | $0.3700 | long |
| 2014-08-08 16:26:36 | AUG16 14 32 PUT | sell | $0.5400 | long |
| 2014-08-11 12:33:35 | AUG16 14 32 PUT | sell | $0.8600 | long |
| 2014-08-11 12:33:36 | AUG16 14 32 PUT | sell | $0.8600 | long |
| 2014-08-11 12:33:36 | AUG16 14 32 PUT | sell | $0.8600 | long |
| 2014-08-11 12:33:36 | AUG16 14 32 PUT | sell | $0.8600 | 0 |
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