• support@madhedgefundtrader.com
  • Member Login
Mad Hedge Fund Trader
  • Home
  • About
  • Store
  • Luncheons
  • Testimonials
  • Contact Us
  • Click to open the search input field Click to open the search input field Search
  • Menu Menu

Trade Alert - (VXX) May 8, 2017

Trade Alert

When John identifies a strategic exit point, he will send you an alert with specific trade information as to what security to sell, when to sell it, and at what price. Most often, it will be to TAKE PROFITS, but, on rare occasions, it will be to exercise a STOP LOSS at a predetermined price to adhere to strict risk management discipline.


Alert

Trade Alert - (VXX)- SELL-STOP LOSS

SELL the iPath S&P 500 VIX (VXX) May, 2017 $13.50-$14.00 in-the-money vertical bull call spread at $0.29 or best

Closing Trade

5-8-2017

Expiration Date: May 19, 2017

PortfolioWeighting: 10%

Number of Contracts = 263 contracts

To see how to enter this trade in your online platform, please look at the order ticket below, which I pulled off of OptionsHouse.

If you are uncertain about how to execute this options spread, please watch my training video? ?How to Execute a Vertical Bull Call Spread?.

The best execution can be had by placing your bid for the entire spread in the middle market and waiting for the market to come to you. The difference between the bid and the offer on these deep in-the-money spread trades can be enormous.

Don?t execute the legs individually or you will end up losing much of your profit. Spread pricing can be very volatile with only 10 days to expiration.

Please keep in mind these are ballpark prices at best. After the text alerts go out, prices can be all over the map. There is no telling how much the market will have moved by the time you get this email.

Paid subscribers, be sure you've signed up for our FREE text service for Trade Alerts. When seconds count, this feature offers a definite trading advantage.? In today's volatile markets, individual investors need every advantage they can get.

Here Are the Specific Trades You Need to Execute This Position:

Sell 263 May, 2017 VXX $13.50 calls at??.?.??$0.77

Buy to cover short 263 May, 2017 VXX $14.00 calls at???.$0.48
Net Proceeds:????????????????......$0.29

Loss: $0.38 - $0.29 = -$0.09

(263 X 100 X -$0.09) = -$2,367 or -23.68%.

Share this entry
  • Share on Facebook
  • Share on X
  • Share on WhatsApp
  • Share on Pinterest
  • Share on LinkedIn
  • Share by Mail
https://www.madhedgefundtrader.com/wp-content/uploads/2016/02/Alert-e1457452190575.jpg 135 150 Douglas Davenport https://madhedgefundtrader.com/wp-content/uploads/2019/05/cropped-mad-hedge-logo-transparent-192x192_f9578834168ba24df3eb53916a12c882.png Douglas Davenport2017-05-08 11:25:472017-05-08 11:25:47Trade Alert - (VXX) May 8, 2017

tastytrade, Inc. (“tastytrade”) has entered into a Marketing Agreement with Mad Hedge Fund Trader (“Marketing Agent”) whereby tastytrade pays compensation to Marketing Agent to recommend tastytrade’s brokerage services. The existence of this Marketing Agreement should not be deemed as an endorsement or recommendation of Marketing Agent by tastytrade and/or any of its affiliated companies. Neither tastytrade nor any of its affiliated companies is responsible for the privacy practices of Marketing Agent or this website. tastytrade does not warrant the accuracy or content of the products or services offered by Marketing Agent or this website. Marketing Agent is independent and is not an affiliate of tastytrade. 

Legal Disclaimer

There is a very high degree of risk involved in trading. Past results are not indicative of future returns. MadHedgeFundTrader.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for futures trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of MadHedgeFundTrader.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies.

Copyright © 2025. Mad Hedge Fund Trader. All Rights Reserved. support@madhedgefundtrader.com
  • Privacy Policy
  • Disclaimer
  • FAQ
Link to: May 8, 2017 - MDT Alert (FEYE) Link to: May 8, 2017 - MDT Alert (FEYE) May 8, 2017 - MDT Alert (FEYE) Link to: Trade Alert - (VXX) May 8, 2017 Link to: Trade Alert - (VXX) May 8, 2017 Trade Alert - (VXX) May 8, 2017
Scroll to top