Swapped out puts for a long Dec VIX pos
In reference to my earlier post Uptrending Equity: VXX should no longer have massive decay, now Dec VIX is trading at a discount to the VIX index, while Jan VIX is still at a pretty good premium. So I'm swapping out my SPY puts for a long Dec VIX position. I'm in the money a fair amount on this trade from just the last few days