New Call Option Purchased in VXX

A new trade in VXX has started. An Oct 5th $28.00 call option has been purchased. The cost of the trade was $0.88 before fees and commissions. The expectation is that the trade will reach $2.00. A stop loss price has been created. Some reasons for the trade are below.

- Trade complications
- Geopolitical complications
- Rate decision week
- Earnings season







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