MomentumOptions.com Profit Alert (VXX) for 4/22/2024

2:20pm (EST)

We have a Profit Alert for VXX following today’s market bounce so let’s go check the tape.

Profit Alert!

iPath S&P 500 VIX (VXX, $14.18, down $1.28)

VXX May 17 calls (VXX240517C00017000, $.050, down $0.55)

Entry Price: $0.85 (4/12/2024)
Exit Target: $1.70
Return: 6%
Stop Target: 90 cents (Stop Limit)

Action: The Stop Limit at 90 cents has triggered today so we are back on the sidelines.

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