The VXX Buy Pending trade from yesterday is still in effect. Anytime VXX breaks above $14.00 is the signal to start accumulating VXX Feb 21st $14.00 Calls (currently about $0.90). My preference is to initiate a partial position at the break above $14, then adding if upward momentum on the index accelerates. Note on the chart below that yesterday's high print was $13.97. Breaking above would be bullish for VXX, bearish for the market.
