I closed 2 lot(s)
$VXX 20250411 60.0 CALL$ ,
VXX: Collected premium in full for these short calls on VXX. They were sold in 3 separate strikes at $60, $70 and $85 and they all expired on 11th Apr.
The $60 and $70 were in the money so were exercised while the $85 strike ended up worthless which is ideal.
Will sell puts to cover back the shorts when market opens.
volatility remained elevated for the 2nd week in a row as the on again and off again tariffs policy from Trump.
Also the trade war between US and China had escalated to a point that is no longer feasible for global economies to function In a way it used to be.
Bond market might be another potential area to watch out for volatility signals.
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