I’ve come under some margin pressure for over-sized call positions in both these names. I have been scaling back, closing my only remaining ITM KOLD call and a few NUGT ITM calls. I am refraining from new positions now. As I don’t want to limit my margin power in the future, I will hold off on selling multiple calls on these ETF’s until they are in a very strong uptrend. The spikes seem to happen often enough, but during the boring parts in between I sell too many that then go underwater. I am not rolling now as that wouldn’t help the margin issue, so I will look to profit from these #ContangoETFs in the coming weeks. I still have multiple OTM calls that should be safe in both KOLD and NUGT.