4/24; VXX – Under 30-Min. low, consider shorting May (5/18) $47/60 bear call credit spread (24 DTE) for mid-point but a limit of $1.00/share (closed at $1.16/share). Bearish gap (with SPY gap up) after breakdown and bearish consolidation at support (and generally moves opposite SPY, which has a bullish gap after 4-day pull back following breakout from consolidation at r200-MA). Income trade with Contango drag. Stop Loss: $46.52 for now.
