$SVXY

Afternoon all.  Hope everyone is doing well and gearing up for the madness of the season.  Late yesterday I bought back my Dec 09th 80 Calls for 9.80 when $SVXY was at 89.61.  I had originally sold for 3.60 back on Nov 15th.  It was trading close to 100 Delta so I figured with the strong up trend in the market I had a good chance to improve the position with a higher strike.  I’m looking at Dec 30th 95’s  to cover if $SVXY climbs closer to 93 or 94.    I don’t have much long stock left in my IRA to sell calls against thus the trade change.  However I expect to be completely out or nearly so by year end and will return to put selling as most of my cash is currently committed to #YieldHog orders.