$SVXY #ShortCalls #Rollup – trying to get ahead of the typical Friday Rally in SVXY by rolling today.
Bought to close SVXY Oct 21 2016 72.0 Calls @ 4.08 with the stock at 76.01
Sold SVXY Nov 11 2016 76.0 Calls @ 4.55.
Pushed the strike price up 4 points plus received a 0.47 Credit. The time premium was gone from the existing position.