2013-09-07 Free Trade of the Day (VXX)


Posted on September 7th, by Mitchell Warren in Free Articles, Options Risk Management, Trade Ideas. Comments Off on 2013-09-07 Free Trade of the Day (VXX)

 Free Trade of the Day

iPath S&P 500 VIX Short-Term Futures ETN (VXX)

iPath S&P 500 VIX Short-Term Futures ETN

iPath S&P 500 VIX Short-Term Futures ETN (VXX) Options Trade Idea

Buy the (VXX) Sep. $16/$18 Call Spread for a $0.50 debit or better

(Buying the Sep. $16 Call and selling the Sep. $18 Call, all in on trade)

Stop loss- None

Upside target- $1.50

Updates: Silver Standard Resources (SSRI) shares rose 1.75% on Friday, confirming the support at the $8 level.

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