On Monday I bought back into XIV at 138.87, it doesn’t appear that the market will follow last Friday’s plunge. Instead we are getting more of a snap-back like we had on the mini-correction starting January 19th.
On Tuesday, bought SPY at 129.71 and sold-to-open S130 weekly calls expiring this Friday (4-Feb) at $0.57 for a net debit of 129.14.
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