See the VXX chart below, and note the decline in price ( split adjusted) from $7,200 to $30 apx. since its creation
Now see the put options chain for 564 days out ( max expir)
THE QUESTION IS, if VXX is clearly destined to decline, as proven through chart history ( massive % declines) then why in the world wouldn't the price for $5, $10, $15, etc PUTS ( only several 100% decline at most) be through the roof ? In fact, the price actually declined on a couple lanes today. Just seems so obvious to load those options given VXX is destined to fail.
Recent VXX News
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
