SVXY synthetic

Rolled the 79 call this week down to 75 for 1.05 credit. Brings the cost basis of the second batch down to 18.98 from 20.03.

With the VIX hovering 12-15 now and looking like it will stay there for a while keeping SVXY between 70-80 may have some good weekly premium to collect.

If we break down below 65 on SVXY will back ratio the 70/60 put spread to get some directional deltas.