Wednesday, June 8, 2016

Closed out SVXY position

Closed out SVXY position for a loss. Not liking the rising VIX. Going to stay in cash through the Fed meeting next week and probably the Brexit event the following week.

Sold 60 JUL 15 2016 SVXY 65 Calls at $4.90 for a loss of $4,100 which is a RIO of -12%.


Account value at $47,811.

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