Terra Incognita
01-24 23:06
I opened $VXX 20250214 50.0 CALL$  ,

VXX: collect 2.3% premium on this covered call with strike at $50. 

Contract will expire in 2 weeks on 7th Feb. 

VXX had totally collapse these 2 weeks and trades below $42. Setting the strike at $50 gives almost 20% buffer to the upside while still collecting decent premium in about 2 weeks time. 

Won't know when the next volatility spike and reason will come from. 

VXX CALL
01-24 03:29
US20250214 50.0
SidePriceRealized P&L
Sell
Open
1.17+14.53%
Holding
iPath Series B S&P 500 VIX Short-Term Futures ETN
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