With the spike in volatility and knowing that next week might be a slow one I did a short play on volatility. Sold the 8 days to expiration 14 Call on VXX for $0.68 per contract.

This is a naked trade and it is a high probability trade, but it can be very risky if volatility explodes. If that happens we will have to defend it, but most likely by the end of next week we will be making a nice profit, since volatility usually don't stay high for that long.
Trade fermée: cible de profit atteinte
We are only left with $10 of profit per contract, so no need to leave risk on the table. Closed for almost full profit.
CALLoptionsVXX

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