KDK Options has purchased the May VXX $21.00 call option. The price paid for the option was $0.82 before fees and commissions. The goal for the option is $5.00. Stop loss price has been established. Some reasons for the trade are below:
- The VXX is at the bottom of a range and moved up the last two days
- Global markets are not stable
- Volatility is high
- Earnings season is upon us
**
This blog is used for informational purposes only. It should not be
used as a recommendation to buy or sell any security. Do your own due
diligence before trading or investing. **
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