The VXX Stochastic Buy from late October resulted in the Nov $27C going from about $2 to $4 in just a few days, before VXX collapsed to a low of $18.22 on Nov 9th, taking those calls with it. Since then VXX has risen to a high today of $20.42, about a 10% move off of its lows. Volatility may have bottomed out on Monday and if so, VXX could be in the mid-20's before November expiration. That probably won't do the Nov 20th $27C any good, but it would help Dec calls. As the chart indicates, a VXX Intermediate Term Stochastic Repeat Buy is Pending. It would be triggered on a VXX strong finish today or tomorrow. If so, look for a new VXX call recommendation.
