Video #64) Options Trading - Stock replacement strategy part 2 - VXX example

In this part 2 of the stock replacement strategy we will dive into an example of how to simulate a short volatility position using the VXX. Through stock replacement we will see how we can build an options trade that behaves very similar to a short stock position. Stock replacement can be used on any index, stock, or ETF with a liquid options market but for our purposes it will mostly be used for simulating volatility positions.