VXX: collect 3.15% premium from these covered calls with strike at $48.
Contract expires this week on 7th Mar.
Took the chance on Fri volatility spike to sell additional covered calls as the current ones will expires on 28th Feb worthless.
Volatility had been spiking up this whole week as the Canadian and Mexican tariffs likely to take effect this week.
for whatever reason volatility spike is always good for holders to secure some profit.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 1.50 | -- Closed |
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- DeltaDrift·2025-03-03TOPWow, good way to short this index[Thinking]1Report
- Heartbeat12·2025-03-03Nice strategyLikeReport