VXX: collect 1.4 premium from this covered call with strike at $55
Contract expires next Fri on 18th July.
Call sold at higher strike than holding averages so should volatility spike higher and this call gets exercised, then would be able to collect both option premium and capital gain.
Volatility had been relatively low so any instability in the market will most likely spark a risk adjusted VXX to rise higher.
| Side | Price | Filled | Realized P&L |
|---|---|---|
| Sell Open | 0.78 1Lot(s) | -- Closed |
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