This session literally paid off for students, since many of them reported doubling or even tripling their money in mere hours after buying some VXX puts for just 0.04. The opportunity looked so juicy that double-, then triple-checked the option price before giving the green light to buy them. Hundreds were offered for 0.04 before they took off, so anyone could have filled the order. Our ability to exploit such opportunities should serve as a reminder of why these “graduate studies” sessions each Wednesday are so important and useful, especially for those who are able to attend during market hours.
