$SVXY

#CoverCalls
Started to sell some calls this morning
STO Mar 9 $15 calls @ $0.30

Awesome background Jeff

Awesome background Jeff

@fibwizard Sent you an email…

@fibwizard Sent you an email with a question about the Sierra platform

Had to drop the Vxx…

Had to drop the Vxx prefix on my handle.

$SPX has bounced 40 pts…

$SPX has bounced 40 pts off the low

$SPX

Now past 5% pull back, 6% is at $2700.
Sitting within a couple points of the 50sma right now, we’ll see if that comes into play or not.

$SVXY

Was away from the market for the first hour this morning so the first batch of trades were GTC orders that got hit. Didn’t get a chance to enter new trades until now. Added a couple more following some of @optioniceman trades.
STO Feb 16 $73 puts @ $0.56
STO Mar 2 $75 put @ $1.65
STO Apr 20 $70 put @ $3.95

We’ll see if the market stabilizes here or if this is just a rest area on the way to lower prices.