10baggerbamm : just needed to close right in this narrow band I sold a lot of puts and I don't need to get put all that stock..
.. and I sold calls against the long position and I don't want to lose the stock

I Am 102927471 :

loozoo : congrats, after today your portfolio red again

104689293 OP loozoo : Still green, just profit dropped 30%

10baggerbamm : selling puts on this leverage ETF is like printing money. I sell puts all the time and if I get put the stock I'm fine with it because it'll trade up at some point in time and you can trade out of it or you can sell a call with a big premium against it on a weekly basis and make money that way..

Anthony 27 OP 10baggerbamm : Yes