Closed all Oct SVXY OTM calls sold.
Closed all Oct SVXY deep ITM calls sold.
Closed 4K XIV shares short.
All of them right before market close.
I wanted to wait until VXX reaches the last high and VXX may shoot up further, but I just couldn't take this roller coaster anymore mentally, market sinking on open but climbing and climbing all day. So decided to close all SVXY/XIV shorts on weakness today.
I've been VXX net long through XIV short and SVXY short for some time, but now I'm VXX net neutral.
VXX going up further would be lovely, I can turn my positions into VXX net short at higher VXX price.
Account again recovered Friday's loss and some more. On one more decent down day, I'll be trimming market shorts, none today. Just give me one more decent down day tomorrow, even just for an hour in the morning.
I wish I had made a lot, but not much.
I am a short seller in a market with a magnet in the sky. Market goes up & up when left alone, dives about 5% when there is a major issue. Just don't understand what bulls are thinking, maybe they just kept buying and following price they beat up.
Anyway, my plan is to trim shorts on dip, move some to VXX short, etc., and take things easy for a while.