#SVXY For those who got…

For those who got assigned SVXY at adjusted cost below $50, have you considered a trade like this?

-Sell the stock at market price
-Sell leap puts Jan 2020 at your adjusted cost strike, for example 50Put for $36.50
-Use the proceeds to buy 5 Jan 2020 leap calls at 15 for $6.00ea=$30

The rest of cash will go back into your account.
Since we already lost the money, selling this put would not create more loss.

If I understand this correctly, the B/E would occur when SVXY reaches about $26 at expiration or less if before expiration.

Main risk is that SVXY does not reach $26 by Jan 2020

Would something like this work?