$SVXY #ShortCalls #ReverseRoll

I might not be around near the end of the day so went ahead and made this roll out a bit early.
Market is very strong today, coupled with the movement in the $VIX and Jeff’s note about an upside warning, I opted to Reverse Roll some calls expiring today into puts vs. rolling them up and out.

BTC $SVXY July 8 $52.5 calls @ $1.75 (2)
STO $SVXY July 22 $43.5 puts @ $0.50 (2)
STO $SVXY July 29 $40 puts @ $o.50 (2)
STO $SVXY Aug 5 $42 puts @ $0.75 (2)

I could have rolled into fewer higher priced puts, but chose to use the strikes near the Brexit low’s of basically $40 and it was only there for a few minutes.