VXX: collect 4.65% premium from this covered call with strike at $55 which is 14% higher than current strike. contract expires in 23 days on 13th Dec.
Took the opportunity to sell new covered call when the volatility spiked at the beginning of session before it receded. Attractive premium over risk.
With this, all my underlying stocks were committed to covered Calls so will have to wait til I close of of them or when older ones expired by end of the week.
Look got continue intermittent volatility spike as the market can get jittery at market near all time highs.
| Side | Price | Realized P&L |
|---|---|---|
| Sell Open | 2.58 | +6.59% Holding |
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