$SVXY #ShortPuts #VXXGame #OptionLadder – another account with an #OptionLadder in SVXY.

No margin cost because of a excess of short calls on this stock.

SVXY JUN 17 2016 53.0 Puts @ 0.40
SVXY JUN 24 2016 48.0 Puts @ 0.50
SVXY JUL 1 2016 45.0 Puts @ 0.50
SVXY JUL 15 2016 46.0 Puts @ 1.05