Kelly 7:17 am on Wednesday, October 25, 2017

$UVXY

STO Nov 17 $50 calls @ $.33

jsd501 7:19 am on Wednesday, October 25, 2017

I think you are safe on that strike. I am getting concerned about interest rates and the FED.
- vxxkelly 7:27 am on Wednesday, October 25, 2017
  
  It’s basically 3x where the stock was trading with only 3 weeks to expiration.
  - jsd501 7:33 am on Wednesday, October 25, 2017
    
    It is a good trade. I calculate a 9.6% annual return using a cash covered put.

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