With the trade down to only 22 days left I have rolled the trade out.
Closed 56 contracts of the May 16 SVXY 48 Calls at $9.40 for a profit of $28,932 which is a RIO of 123% in 34 trading days.
Bought 100 contracts of the JUN 16 SVXY 57 Calls at $5.20
This brings the current account total to $53,411. This is a 434% increase since Feb.
Selling VIX options has been very profitable these last couple months.
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