SVXY -- Long via March 18th 31/35 Short Credit Spread

ProShares Short VIX Short Term Futures ETF (AMEX:SVXY)

Updated

AMEX:SVXY ProShares Short VIX Short Term Futures ETF

svxy optionsstrategy creditspread

March 18th SVXY 31/35 ShortPut Credit Spread
1.64/$164 Max Profit Per Contract

Comment:

Could've gotten in for a better credit were I to have been a bit more patient ... .

Comment:

Figured I'd free up some buying power here, so covered for an .88 debit; not quite 50% max, but close enough.

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