SVXY BUCS

#svxy #bucs
$SVXY BTO 6/18 42/50 BUCS at 2.40. Started to shake as I typed in SVXY.

SVXY Puts Closed

#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

#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:

Eitan Kimelman
Bronstein, Gewirtz & Grossman, LLC
60 E 42nd Street, Suite 4600, New York, New York 10165
 212.697.6484   917‑750‑9429   212.697.7296  
 eitank@bgandg.com   http://www.bgandg.com/

 

 

 

#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…

#svxy

Is today with vix at 12.93 and rising a good day to sell puts in this product?