$SVXY #CoveredCalls #OptionLadder – I’ve been selling all day against my stock acquired 6 days ago at 65. I don’t care if it’s called away. Remember the 1st rule of selling options.

Sold SVXY Nov 25 2016 82.0 Calls @ 1.15 with the stock at 78.72
Sold SVXY Dec 02 2016 85.0 Calls @ 1.05 with the stock at 78.86
Sold SVXY Dec 09 2016 85.0 Calls @ 1.85 with the stock at 78.86
Sold SVXY Dec 23 2016 85.0 Calls @ 3.50 with the stock at 79.14
Sold SVXY Dec 23 2016 90.0 Calls @ 1.75 with the stock at 78.94
Sold SVXY Dec 23 2016 85.0 Calls @ 4.00 with the stock at 78.88
Sold SVXY Dec 30 2016 90.0 Calls @ 2.15 with the stock at 78.65
You may be able to get higher prices now.