DRIP dropped

#ContangoETFs Bought to close $DROP Sept 20th 175 call for 2.00. Sold for 6.70 last Wednesday. Take a cue from Ramie and closing these far OTM calls when I can to help chip away at the burden of short 115 calls that have gone ITM a few times.

DRIP up

#ContangoETFs Sold to Open $DRIP Sep 20th 175 calls for 6.70. This should help ease the burden of carrying short 115 calls ITM.

UVXY

#ContangoETFs #BearCallSpreads – Adding one and starting a new batch…

Sold UVXY SEP 20 2019 45.0/55.0 Bear Call Spread @ 1.26
Sold UVXY OCT 18 2019 50.0/60.0 Bear Call Spread @ 1.23

NUGT’s up

#ContangoETFs NUGT is reaching highest levels since Sept 2017. These are my first sales where I am #Rolling from stopped 35 calls.

Sold $NUGT Jan 2020 50 calls for 5.75.

DRIP up

#ContangoETFs Sold to Open $DRIP Sept 130 call for 6.40. Highest strike.

DRIP

#ContangoETFs – Oil imploding but DRIP still below yesterday’s high. That’s how it’s supposed to work!

DRIP

#ContangoETFs #ShortCalls – Now that’s a pretty red bar!