$SVXY #CoveredCalls #Rollup – did the following roll this afternoon –
Bought to close SVXY JUL 15 2016 55.0 Calls / Sold SVXY JUL 22 2016 56.0 Calls for a 0.20 credit.
Added a point to the strike price with only an extra week of time added on.
I’ll have others to roll tomorrow unless the market/stock breaks down sharply.
Doesn’t seem likely given the current momentum.