UVXY

#SyntheticShortStock – Next split has to be soon so I’m now fully loaded after closing the short VXX the other day. I’ve rolled my short puts out to 5 strike 2020’s. I’ll probably ride those into the ground unless we get a huge spike but should easily be offset by this position and should be able to ride 2019’s down again and 2020’s at least twice. I’ll roll them another year if I can but not sure if we can roll when they become “post split” options.

Sold to Close UVXY 30/30/55 Synthetic Short Stock @ 23.47 (bought for 14.91)

This was all just a big experiment when I first suggested it back at the last split. I’d have to say a stress free huge success along with the VXX short!

#longputdiagonals