VXX: collected full premium from these covered calls that expired in the money on 7th Mar.
The strike selected were $48 and VXX had been hovering above $50 for most of the week.
The volatility had been really high over the flip flopping of the US tariffs to Canada and Mexico and also those respective countries counter measures potentially hurting the economy.
Time will tell if these are great moves or idiotic. If a move is too obvious, it means we haven't figured out the real underlying motive.
| Side | Price | Realized P&L |
|---|---|---|
| Buy Close | 0.00 | +100.00% 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·2025-03-11Really a great asset to hedge the spiking volatility[Cry][Cry]LikeReport
- TimothyBarnes·2025-03-11Great strategy with those calls! Very insightful! [Cool]LikeReport