Ramie 6:44 am on Wednesday, November 23, 2016
Tags: ContangoETFs ( 446 ), ShortCalls ( 979 )

Feb DUST

My first sale in Feb. Sold $DUST Feb 17 75 call @ 8.60. Starter position at the highest strike.

#contangoetfs, #shortcalls

Jeff 6:49 am on Wednesday, November 23, 2016

Nice one! Followed for 9.00. #ContangoETFs #ShortCalls
- Ramie 6:52 am on Wednesday, November 23, 2016
  
  Just added Dec 23 80 calls @ 3.00.
  - Jeff 6:53 am on Wednesday, November 23, 2016
    
    Ok, I added it for 3.10. What else you got? 😉
    - Ramie 7:11 am on Wednesday, November 23, 2016
      
      LOL! What do you think about the highest strike (80) in Jan 2018? High today is 21.40. Even if this spikes way above the strike between now and then you’d have to believe the 3x/reverse drag on this will have it much lower by then.
      - Jeff 7:36 am on Wednesday, November 23, 2016
        
        No doubt it will be way below 80 at expiration. But how much pain must we endure in the short term? I’m not selling it because I have too may others for now.

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