Thursday, July 15, 2010

Buying today VXX @ $26.75

Buying today the iPath S&P500 VIX Short-Term Futures (ticker: VXX) on the New York Stock Exchange.
Buy price: $26.75
Stop: $24.30
Take profit: $30.0
Risk/Reward ratio: 1.3x
Goal: short-term speculation on a rise of the volatility index (VIX) in the next few days
Total position: $10,000.00

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