... for a 2.24 debit.
Metrics:
Probability of Profit: 89%
Max Profit: 76/contract
Max Loss: 224/contract
Break Even: 14.76
Metrics: Here's the live trade for the VXMT-guided, medium term volatility trade referenced in the post below. At the time of the trade, VXMT was at 14.46, which is approximately the price at which the April futures contract is trading (14.68 at the time of this post). With 126 days until expiration, not a trade for the impatient or for those looking for instant gratification ... . These generally come in at 50% max about half way through, however (in this case, about 63 days).