Gemini I shorted the September 240 DUST call for $7.50
Let's see what happens now. Will wait to add more if it rebounds. TZA drop is spectacular today,truly amazing. I think DUST will most likely hit 60 or less by September but who knows. I also almost shorted DUST calls when it was in the 50s, would have been destroyed to say the least. Today's market rise just doesn't make sense.
I went long Nugt for the same reason. They kind of rotate around each other, with a very strange correlation. My calls went from .85 to .12 but now they are back to .45. I wrote it off but now I like it since I still have a lot of time on the July's. Good luck.