VXX: collect 1.15% premium on this cash secured put with strike at $62.
Contract expires in 2 weeks on 2nd 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 | 0.74 1Lot(s) | -- Closed |
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