VXX - Call Credit Spread - Trade Journal
After the fact. Personal trade record. Closed position (limit order executed) today that I opened on 4/3.
Opened on 4/3 for $1.40 credit
CREDIT: $140
MAX POTENTIAL LOSS: $500 - $140 = $360
44 days till expiration, but had no intention of holding till expiration. Ideally, wanted to close position within 25-30 days.
Entered a limit order to close the position .60 debit. Order executed at .57.
13 days actual holding period. .83 profit.
Opened on 4/3 for $1.40 credit
CREDIT: $140
MAX POTENTIAL LOSS: $500 - $140 = $360
44 days till expiration, but had no intention of holding till expiration. Ideally, wanted to close position within 25-30 days.
Entered a limit order to close the position .60 debit. Order executed at .57.
13 days actual holding period. .83 profit.
