Set up a one week Buy Write on $SVXY since lower strike Puts are not enticing.  Bought stock at 72.44 and sold the Sept 2nd 73 Call at 1.45.  I expect to be assigned, but if not I’ll sell the next week’s Call next Monday.  Yield is 2.7% if assigned.  This is a five day trade.  My stop is about 8% lower on the stock around 66.  If SVXY pulls back to this level I’ll close it out.  At that point Put selling on a monthly time frame at more favorable strikes will be available.  I will rinse and repeat this until the market changes.  Comments and critiques welcomed.