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Leslie HarvathLeslie Harvath
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Post count: 250

Sean, prefacing my question with: I don’t want to commit the error of “when XXX was this high, no one could imagine it getting this low” (and vice versa), so I’m totally fine if that is your answer!

The 3rd tranche average down point on SLX is $16, so I didn’t get into it even when it dropped to the teens in March. The breakeven on my first two tranches is @ $29.10. I’d love to get more $$ into the position to bring down my BE, but I’m wondering if that could wisely be done higher than $16?