$SVXY #CoveredCalls #Rollup – used late weakness to do more rolls.
Since these were fairly deep in the money, they were difficult to roll.
Bought to close SVXY Apr 29 2016 49.5 Calls @ 4.55
Sold SVXY May 06 2016 50.5 Calls @ 4.65 – added a point to the exercise price
Bought to close SVXY Apr 29 2016 50.0 Calls @ 4.30
Sold SVXY May 06 2016 51.0 Calls @ 4.40 – added a point to the exercise price
I also sold a chunk of long stock at 56.79 at 11 this morning for a nice gain. (Better to be lucky than good I suppose)