VXX: collect 6% from these cash secured puts with strike at $60.
Contract expires in 5 weeks on 16th May.
Volatility is coming back down. Had shorted the counters and get assigned at average holding cost of $60.
Will be profitable as long as VXX goes below $60 and then I can nett off the short positions.
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- DeltaDrift·04-16Good premium by %LikeReport