Registered: May 2002
04-03-12 06:01 PM
Quote from jnbadger:
What a mess that thing was yesterday. Just goes to show that even though an instrument is based on an underlying idea, if someone decides to drop coverage, all bets are off.
Glad you didn't touch it.
yeah, unreal. I wrote some puts with VXX but it wasn't my standard day trade. I am looking to gather premium. So far so good as of the time I write this. it's been a bumpy (and so far) profitable ride.