UVXY

#ShortCalls – I’m booking these and following @Ramie and selling some nearer term UVXY call spreads. I’ll be applying all of the profits to the purchase price of my LEAP SVXY calls until they are zero risk and then after that applying to SVXY losses. This looks like a much better way of cost reduction on the long SVXY calls vs selling calls against them since premium is so weak.

Bought to Close UVXY APR 20 2018 59.0 Call @ .22 (sold for 2.81)
Bought to Close UVXY JUN 15 2018 60.0 Call @ .58 (sold for 3.50)