Terra Incognita
09-04

$S&P 500(.SPX)$  I have bought decent amount of VXX (VIX futures) to hedge for the potential bearish market. So far the trades been profitable but it can go either way. Futures depreciates so unless a big pop on volatility in coming weeks, most of these VXX will eventually goes to zero. 

In order to offset the depreciation, I've also sold covered calls on them at varying strike $ and expiry period in order to collect some premium to offset the cost. 

Can't share VXX trade feeds as they are not whitelist counters. Trade with caution. May the best trade wins.


# September Curse Broken? What's Your Account P/L?

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  • KevinKelly
    ·09-04
    That's a smart strategy to hedge against a potential bearish market
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  • Yonny
    ·09-04
    厉害
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