Option Iceman 10:49 am on Friday, October 28, 2016
Tags: ClassicVXXGame ( 35 ), ShortPuts ( 4,763 )

$SVXY #ShortPuts #ClassicVXXGame – Sold…

$SVXY #ShortPuts #ClassicVXXGame – Sold SVXY Jan 18 2018 25.0 Puts @ 2.65.
These are paired with short Calls at 145/150/155 sold last week

Ramie 10:55 am on Friday, October 28, 2016

Were these 25 puts? I just put an offer in for those. Thanks Iceman.
- Option Iceman 10:59 am on Friday, October 28, 2016
  
  Yes they were 25’s. I updated my post.
thomberg1201 11:07 am on Friday, October 28, 2016

In for 2.55 thanks
jsd501 11:16 am on Friday, October 28, 2016

Paired with the calls gives you a nice annual return but just selling the 25 puts only gives you an annual return of 8.6%. I want to wait for a better rate of return which we would get if we have a correction. I am using a cash covered put in my analysis.