VXX: collect 1.45% premium on this covered call with strike at $50.
Contract expires next Fri on 25th July.
VXX and volatility continued to slide amidst a bullish market that made all time highs.
Will be accumulating VXX long positions through selling puts and once get assigned, selling short calls to run a wheel strategy, this recent trade being one of them.
Will be looking for potential volatility in the market most likely either tariffs war escalations when the pause on 1st Aug lapse or TACO, or Russia-Ukraine war has major escalations instead of Trumps soft stance on Russia.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.73 1Lot(s) | -- Closed |
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