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Options Trading System: SSO

|Includes:ProShares Ultra S&P 500 ETF (SSO), VXX

Per my new options trading system, we bought VXX 28 puts last Friday. They expire worthless today. Can't win them all. The positions was 10%, so that is a 10% loss. Yrrgh.

This week we do not have a signal on VXX, so we will wait until next Friday and see what's what.

In the meantime, we buy 100% SSO at the close today. It is currently at 118.01.

Stocks: SSO, VXX