VXX: collect 2.55% premium on this cash secured put with strike at $60.
Contract expires in 4 weeks on 16th May.
The VXX had cooled down a fair bit and trades below $70 these past few days.
While it's still elevated compared to historical levels, it's still much lower compared to 2 weeks ago.
Opportunity to set strike at $60 which is below my short positions to cover back should the volatility continue to cool down. Otherwise I'll hold a bit longer and keep collected premiums.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 1.55 1Lot(s) | -- Closed |
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- vibzee·04-25Smart moveLikeReport