I'm in the money so far. I feel confident that this will move up. This and CVX should get some upside with the Market. This trade is also a good hedge on my shorts.
I took a small 1/4th position in VXX today. (Tight Stop)(Short Term). Volatility seems to jump up in timed intervals and my calculations are telling me it's soon due. If the S&P500 pushes up next week, I will stop out with a small loss.