VXX: 2 way assignment for this more complex trade that expires on 2nd May.
Had a sell call at $60 strike which is in the money and get assigned -100 shares short.
At the same time also trade a sell put at strike $62 which is also in the money and get assignment to buy at $62.
Overall the stocks canceled each other out and paper loss $200 due to the $2 strike gap.
The paired sell call and sell put trade collects good premium amount during the elevated volatile so overall a profitable trade without commiting additional margin requirements.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 60.00 100 | -- Closed |
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