Ignoring the abyss move Thursday, but not totally, there was still significant drop and I also felt a fifth got completed in all that. This bounce is also significant and I am testing the waters again on TZA calls for more to the downside.
Sold my May calls just after the bottom of the abyss, and missed some of the drop, but still a healthy trade when the calls went back into the money.
TZA 7 July calls at 0.92 as test the waters nibble.
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