$SVXY – So my goal of getting out of my stock position will only be partly met. When the stock dipped under 91 I cancelled all my sell orders on the stock and tried to take advantage of the big spreads on the expiring strike 90 calls.
I covered up 7000 of my 9000 share at about 1.30. The stock is now 90.30 so they will hopefully get assigned.
In the meantime, I’ve sold many more SVXY Puts for all available expirations, mostly in the 55 to 65 strike price range (too many to list here LOL).
Everyone have a great holiday weekend.
THE Iceman