This post was just published on ZYX Buy Change Alert.
XIV is long from $16.01. XIV is trading at $18.14 as of this writing. 20% of the full core position size is being held. Partial profits have already been taken as high as $18.40. Consider protective stops on a 10% tranche in the zone of $17.48 to $17.63, and on the remaining 10% in the zone of $17.13 to $17.18.
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