XBI

#Fuzzy

Here’s a new one I’m trying. Biotech scares me a little bit but the premiums in this ETF look very rollable and juicy.  I’m leaving it unhedged (unhinged?) for now.  I like that you don’t have as much worry about earnings on an ETF, I’ve been closing stock-based Fuzzies in  anticipation of earnings releases.

BTO XBI Jun’18 +88calls -88puts +83puts for 3.20.