$SVXY #CoveredCalls #IRA #Rollup –…

$SVXY #CoveredCalls #IRA #Rollup – Trade at the open to avoid possible assignment tonight –
Bought to close SVXY Apr 01 2016 47.5.0 Calls @ 1.60
Sold SVXY Apr 15 2016 50.0 Calls @ 1.90 – I pushed the strike out 2 weeks and up 2.5 points for a 0.30 credit.

Positions I rolled yesterday were obviously done too early, but I will reap the rewards of those rolls throughout the month of April.