Direxion Announces Reverse Splits of Three ETFs | Direxion

Direxion has announced it will execute a reverse split of the issued and outstanding shares of the Direxion Daily Natural Gas Related Bull 3X Shares, Direxion
— Read on www.direxion.com/press-release/direxion-announces-reverse-splits-of-three-etfs

Futures dropping

Since Trump spoke they have been in freefall. I am guessing shutting off travel to Europe is not so great for the market.

SPXpire

#SPX1dte Expiring: $SPX March 11th 2660/2680-3010/3030 condors, sold yesterday for for 2.10.

#covered calls MRO Bought 100…

#covered calls MRO

Bought 100 shares and sold a March 20, 4 call for 3.52

#closing #ironcondor TSLA January 29,…

#closing #ironcondor TSLA

January 29, sold a March 20, 440/450/700/710 for 2.98-seemed like a good idea at the time. Bought today for 2.61.
I still need another 200 points down, no offense if you’re bullish.

#contangoetfs GUSH Down to .33….

#contangoetfs GUSH

Down to .33. Can it go to zero?

O.T.

I don’t get the feeling that we will get a rally this afternoon.

XLU

XLU has an IV of 51 and is yielding over 3%. A basket of utes with an IV like a tech stock? The 40 month EMA (54.08) or the middle BB on the monthly chart has been support since 2010. Adding to my existing long position. STO Apr17 57 put at 2.14.

UVXY rolling

#VXXGame. BTC $UVXY March 20th 40 short calls for 10.35. Sold for 5.50 on March 6th. Still have more longs than shorts, but I think I can roll this one up if I wait a few more days.

Also early assigned on a couple of March 20th 15 short calls; didn’t notice earlier or would have closed. Will look to close today and then resell when market goes lower, as I believe it will.

#contangoetfs GUSH If we liked…

#contangoetfs GUSH

If we liked GUSH yesterday, it’s down to .82 today.