$VXX 20250801 45.0 PUT$ 

VXX: closed the trade for 62% max premium profit. 

This trade was deep in the money as of yesterday and I was resigned to get exercised when it expire today 1st Aug. 

It was only trading at $42.46 at closing on 31st July and VXX had been trading below the strike of $45 since 21st July. 

However a glimmer of hope today when volatility spiked to above $45 so I took the opportunity to close this trade to conserve more capital in preparation for a potentially Volatile market if the market continue to reverse its trend downwards. 

I still hold a net 800 shares long VXX at average cost of $49 so I won't immediately need too get assigned more shares for now. 

VXX PUT
08-01 22:39
US20250801 45.0
SidePrice | FilledRealized P&L
Buy
Close
0.45
2Lot(s)
+61.99%
Closed
iPath Series B S&P 500 VIX Short-Term Futures ETN
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  • lolmei
    ·2025-08-01
    Great strategy
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  • Great article, would you like to share it?
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