$SVXY #CoveredCalls #Rollup – the first of several rolls as SVXY sets a new YTD high above 75 –
Bought to close SVXY Sep 2 2016 71.0 Calls @ 4.33
Sold SVXY Sep 30 2016 74.0 Calls @ 5.43
Added 3 points to the strike price plus 1.10 credit to my cash balance. The new breakeven on the covered call is now well above the YTD high on SVXY.