Terra Incognita
11-20
I opened $VXX 20241206 55.0 CALL$  ,

VXX: collect 2.3% on this covered call with strike at $55. contract will expire in 17 days on 6th Dec and this allow better turn over of capital and premium extraction. 

Took opportunity on the spike in volatility after market opens and news of Ukraine and Russia wars escalation to sell fresh covered call. By the end of market session, the volatility had retrace back and already allowing for 25% paper profit. 

VXX CALL
11-19 22:50
US20241206 55.0
SidePriceRealized P&L
Sell
Open
1.27+66.93%
Holding
iPath Series B S&P 500 VIX Short-Term Futures ETN
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