SVXY

#BullPutSpreads – Closing a position that I’m very happy to be out of with a profit. This was a #ReverseRoll of some short calls that were in trouble some time ago. Tired of looking at it as well…LOL

Bought SVXY JAN 19 2018 105.0/95.0 Bull Put Spreads @ 2.40 (sold for 3.15)

These were 10 wide but still holding some that are 5 wide that wouldn’t bother me if they got in trouble since they’re a lot lower risk which were also reverse rolls… (100/95 @ 3.60)