Quote from drownpruf:
Long the VXX Oct4 12/14/16 fly. Quoting the call but best to work the iron. It's 0.89 mid and 0.93 traded and is easily achievable in risk. Marked to 0.93 calls. Risking 3%.
Half is gone at 1.03 for 10% net on debit.
http://tinypic.com/r/21d0qd2/5
