Tuesday, May 26, 2015

Closing VXX June 19 $120 Calls and VXX June 19th $19 Calls

Again, I'm closing these for now. Both positions have equity longs in VXX and TLT, the calls were meant for short term juicing of the position while the equity longs were meant as longer term positions to capture trend. I'm leaving the equity portion of the positions open (the positions were opened with the Equity and Options position representing 1 position for risk management purposes).

Again, this is "For now", I hope to re-enter these at better prices near term.

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