Best way to short VXX

Quote from bigspeculate:

So what's the best way to go short vxx without losing your shirt when it explodes higher?

puts are always undervalued.. theres the money answer.. limited risk buy puts on jumps up in the vix
 
Quote from bigspeculate:

Why are the puts always undervalued?
Who would short these puts if they usually expire in the money?

exactly they expire in the money.. i was saying buy the under valued puts.. don't short them!!!! best on spikes in the vix...
 
Quote from bigspeculate:

Why are the puts always undervalued?
Who would short these puts if they usually expire in the money?

shorting put = selling a put
long a put = buying a put...

to get short in the underlying in a limited risk way.. you just buy a put!

they aren't priced alot of times because of the excessive roll cost of the ETF thats hard to price into the options..
 
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