$VXX 20250509 60.0 PUT$ VXX: collect 2.05% premium on this cash secured put with strike at $60.
Contract expires in 2 weeks on 9th May.
As it stands, I hold a decent large amount of short on VXX while betting on volatility to continue to cool down as long as Mr Trump don't further escalated the tariffs war.
These short puts were sold in an attempt to cover them back as lower cost than my holding average, which meant if exercised, I will close out my shorts, with profits on both capital gains and also collection of the options premiums from the sold puts.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments