Seeking Alpha
  • convoluted
    Selling $TNA 69 puts and buying longer term $TZA calls. Fri expiry for puts-expect decay/will close on quick profit.
    8/11/14
    Reply (2)
    • grapeswhiz: What kind of $TZA calls did you buy? I can't imagine any $TZA calls worth buying.
      8/17/14
    • convoluted: I had 6 months out but they triggered when the Ukraine news popped. I've shorted TZA so much that I decided to play the other side.
      8/18/14
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