VXX: collect 6.1% premium on this covered call with strike at $50.
Contract expires in 4 weeks on 21st Mar.
Tues 25th saw a meaningful spike in volatility and VXX went as higher at $47.
Took the opportunity to sell fresh call to capture the premium.
So far the trade works out well.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 3.05 | -- Closed |
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