jsd501 10:44 am on Monday, August 1, 2016

SVXY

STO September 2, 57 put @2.60 and 58 put @2.80

STO December 35 put @2.10

Addy 11:22 am on Monday, August 1, 2016

how you doing with SVXY?
- jsd501 11:47 am on Monday, August 1, 2016
  
  It is working out just fine. I sold a small amount because I am short covered calls against them at a higher strike.
  - Addy 11:52 am on Monday, August 1, 2016
    
    Very good. It has been a while not trading it. I am trying getting in again, It might be better watch it for a week or so.
    - jsd501 11:55 am on Monday, August 1, 2016
      
      I am struggling with NUGT even though the positions are small.
      - Addy 12:00 pm on Monday, August 1, 2016
        
        Yes, I stopped trading it because of the wide range of its prices. It is not good if you trade it early in the morning when it is the best time to sell. I came back to UVXY after it is X5 times.
        
        jsd501 12:04 pm on Monday, August 1, 2016
        
        I want to sell calls on UVXY but want to wait until we get a good correction. Patience is the key for the UVXY and SVXY.
        
        Addy 12:11 pm on Monday, August 1, 2016
        
        agree, I am selling weekly calls, not more than 2 weeks in advance. The premium is not high, but I am getting something. I used to trade SVXY, UVXY and ZSL only before switching to SPX

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