Investors in Barclays Bank plc (VXX) saw new options become available today, for the October 11th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the VXX options chain for the new October 11th contracts and identified one put and one call contract of particular interest.The put contract at the $14.00 strike price has a current bid of 73 cents. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $14.00, but will also collect the premium, putting the cost basis of the shares at $13.27 (before broker commissions). To an investor already interested in purchasing shares of VXX, that could represent an attractive alternative to paying $14.35/share today.
Interesting VXX Put And Call For October 11th
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