#BearPutSpreads – To make room for a FAS position in this account something has to go. Tired of looking at these so booking them. Been gradually reducing basis for awhile now so decent gains.

Sold VXX JAN 18 2019 50.0/30.0 Bear Put Spreads @ 12.80 (bought for 10.10)
Sold VXX JAN 18 2019 45.0/35.0 Bear Put Spreads @ 6.47 (bought for 6.01)

Using VXX buying power to start a half position in FAS in this account….

Bought FAS JAN 17 2020 62.0 Calls @ 14.25

Sold FAS MAY 11 2018 63.5 Calls @ .85