This week, the options trade of the week covers a big trade in the short-term volatility ETF.
This week, the options trade of the week covers a big trade in the short-term volatility ETF. A trader placed a bearish put ratio spread in iPath S&P 500 VIX Short-Term Futures ETN (VXX), a popular method for trading short-term volatility, which is based on VIX futures contracts. A put ratio was executed with VXX at $17.60 and involved buying the December 20th 16 put while selling double of the 15 put.
Video Length: 00:05:30
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