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Post# of 364754
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PennyPincher12

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PennyPincher12

Re: graybeard post# 118131

Monday, 07/23/2012 3:25:55 PM

Monday, July 23, 2012 3:25:55 PM

Post# of 364754
I bought weekly 13 puts on VXX. Any positive green tomorrow will gap VXX down to 13.75 or lower IMO. From there, it could sell off even worse depending on the news. I need to do some research on the economic calendar but VXX never holds its gain for long. All we need to quell these fears is one strong piece of news and shorts will begin covering quickly.
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