VXX Weekly Call Credit Spread for February 2; stop loss hit and position closed.

The weekly VXX Call Credit Spread stop loss was hit yesterday afternoon, and the position was closed as follows:

- BOUGHT VXX February 2 30.5 Call, .80 Debit.

- SOLD VXX February 2 34.5, .22 Credit.

Closing order executed as a single order: BUY " Vertical" .

Net Debit to Close Spread: $.48 (both legs).

Net Credit to Enter Spread (Opened January 26): $.25.

(Loss) of $(23)

This represented 6% of the margin/risk, and the pre-set max loss for the trade.

As always, stay keen on your risk management and trade carefully,

Dot Hazlin