Ask is 2.66.. better chances then powerball + I will have some downside protection on SPY butterfly spread. might buy one contract today.
That's much more interesting then mine But spreads are wide, It would cost much more; so how about: VXX - Jan 14 30-50 bull call (1.60 mid price) or VXX - Jan 13 30-50 bull call (1.24 mid price)
I bet you could get filled at the midpoint on FAZ Jan 13 - give them another nickle if you have to - it's not a trade you need to worry about slippage so much with IMO. At end of trade losing another 5-10$ won't make big difference compared to reward of 20+ bagger. If wrong & market doesn't crash make trade again next January for Jan 14 -
True, and as the trading day started I noticed the bid/ask spread got tighter so I might really go ahead and give it a shot (still hesitating cause I promised myself to never go debit) Will go with the 30/50 strikes to reduce cost, Open interest is good too. Cheers!