Thursday, December 18, 2014 4:38:28 PM
Holding a bunch of VXX Dec. 26, 2014 $31.00 Puts
The VIX dropped 15.53% Today
The VXX dropped 2.96% Today
S&P Skyrocketed to 2061.23 up 2.4%
But my [VXX Dec. 26, 2014 $31.00 Puts] were only up 10.98%
Oil is testing the $55 area
Can someone help me understand why the [VXX Dec. 26, 2014 $31.00 Puts] only rose 10.98%. Not sure what to make of this one and what my plan should be now. lol. Dam. Any info to explain this would be great.
Thanks and good luck to all!
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