Jan 21st is fast approaching.
I have some VXX1 long puts that are deep in-the-money but VXX could go much lower by expiration day.
So, I’m squeezing out as much additional time premium as I can by writing against them before they expire.
Sold VXX Jan 14 2022 17.0 Puts at $0.08
Sold VXX Jan 21 2022 16.5 Puts at $0.14, $0.15 and $0.17
Also added a new #VXXContango Spread
Bought to Open VXX Mar 18 2022 13.0 Puts / Sold to Open VXX Jan 21 2022 17.0 Puts at $0.04 Credit.
Long position DTE = 66
Short position DTE = 10