#svxy #Bad memory lane
$SVXY BTC 1/17/2020 puts at .05. STO at 4.40 on 2/6/2018. Thank you @fuzzballl and @jdietz1954
Tag Archives: SVXY
#SVXY
Hi all
For those affect by #SVXY# last year, I was contacted by an attorney in NYC who is filing a class action suit. If interested, here’s his contact info:
P  212.697.6484  M  917‑750‑9429  F  212.697.7296 Â
E  eitank@bgandg.com  W  http://www.bgandg.com/
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#SVXY For those who got…
#SVXY
For those who got assigned SVXY at adjusted cost below $50, have you considered a trade like this?
-Sell the stock at market price
-Sell leap puts Jan 2020 at your adjusted cost strike, for example 50Put for $36.50
-Use the proceeds to buy 5 Jan 2020 leap calls at 15 for $6.00ea=$30
The rest of cash will go back into your account.
Since we already lost the money, selling this put would not create more loss.
If I understand this correctly, the B/E would occur when SVXY reaches about $26 at expiration or less if before expiration.
Main risk is that SVXY does not reach $26 by Jan 2020
Would something like this work?
#svxy SVXY has wiped out…
#svxy
SVXY has wiped out my trading account. I will be getting a margin call which I can’t cover. What happens now? (All the rest of my money is tied up in IRA or 401k.)
Thanks for any advice.
Laura
#svxy WOW svxy is down…
#svxy
WOW svxy is down 75 point – I did not see this coming. With the boat weight so short volatility is there any expectation of a bounce tomorrow? I have 100, 90, 70, 60 put sitting out there. ouch. Thanks Laura
#svxy Is today with vix…
Is today with vix at 12.93 and rising a good day to sell puts in this product?
#Shortputs Morning All. Back from…
#Shortputs Morning All. Back from a very enjoyable hiatus with my daughter through the western side of Florida. I was assigned #SVXY at 85 back on Aug 11th. I covered it this morning @ 1.15. I’m still wrapping my head around my Aug 25th 80 and 75 Puts.
