Disliked... I am trying to close VXX put spreads now - some are going off around 3 bag - these are things like: Jun 24/Jul 15 $17...Ignored
1) When does the put actually expire on the 24th? I'm assuming it's at the and of the US session, and not the beginning?
2) Would you consider holding it until the 24th (once we know the results)? Or would you try to close it on the 23rd, just to be safe? I know it depends on what the price is, but let's assume it's still itm by end of session on the 23rd, and the referendum results aren't in yet.
Cheers,
NT
You reap what you sow.