SVXY (taking another one for the team)

#ShortPuts #TakeOneForTheTeam -The last two times I’ve taken one for the team have worked out ok. Got us some volatility but eventually ended up nicely profitable. Let’s try it again…

Sold 1 SVXY MAR 31 2017 143.0 Put @ 3.00

And adding one out in Jan 2018 as a short call offset…I know…should’ve sold it yesterday but who knew? Incredible reversal in 24 hours.

Sold SVXY JAN 19 2018 60.0 Put @ 3.74