Reply To: Fade the VXX Home › Forums › Swing Trades › Fade the VXX › Reply To: Fade the VXX January 31, 2014 at 10:04 am #2509 Steven PlaceKeymaster Big gap up in the VXX. Due to VX futures backwardation and the actual VIX continuting to rip. I’m adding a 2nd round of put calendars here to get us closer to theta positive. Buy VXX Feb/Mar 45 put calendar @ 1.40 or lower Here is the risk now:
