Roll trade out

Rolling the trade out since there is only 23 days left on the current option.

Sell 50 APR 16 SVXY 44 Call at $4.70 per contract for a total profit of $7,830 and RIO of 51%.

Execute new trade:

Buy 56 MAY 16 SVXY 48 Call at $4.20 per contract.

Buy Signal

Another Buy Signal has triggered. This is a difficult spot with the Fed meeting coming up in a few days, but the Contango roll ( Juice as I like to call it) is very nice at the moment. If there is no bad news over the next couple weeks and the VIX doesn't spike, SVXY could have some very nice gains.

Opened the following trade:

50 contracts of APR 16 SVXY 44 Call for $3.10 per contract.

Sell Signal

Sell signal triggered today for the SVXY trade.

Closed out the trade at $6.10 per contract for a total profit after commissions of $6,649 for a RIO of 68%.