$SVXY #CoveredCalls #Rollup – another rollup I didn’t think I would have to make.
Bought to close SVXY Aug 5 2016 67.0 Calls @ 2.98 with the stock at 69.93
Sold SVXY Aug 26 2016 69 Calls @ 4.22.
Earned all the time premium on the 67.0 calls, Raised the strike price 2 Points, and brought in 1.24 credit to pad my cash balance.
It’s all good as long as the stock keeps rising.