VXX: collect full premium on this cash secured puts when it expired worthless on 25th Apr with strike at $41.
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.
If not exercised and expire worthless, it meant I have gained the premiums and also another chance to sell fresh puts to gain additional premiums.
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