$iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$ I opened $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$ ,Take a look at the latest order I posted!I opened $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX)$ ,Take a look at the latest order I posted!
VXX: sold additional shares on VXX at $60 as part of my short positions during the spike of volatility that's started this cycle on 3rd April after Trump launched the Liberation Day which imposed tariffs to the rest of the world on all exports into US.
While I could have times it better and sell at higher strike as the tariffs war progressed further, some of these calls were sold at the earlier stage and longer time frame to extract more premium.
As it stands, my average short holdings are $62.50 which is only 2% away from current market price.
Should VXX continue to fall and cool further, then I'll be profitable on the shorts for the shares, while also already profitable with all the premiums I had been collecting these past few weeks.
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