#ShortCalls #ContangoETFs #Rolling $SVXY
Sold to open Dec 30th 93 Call @ 3.00 when $SVXY was at 90.50 on some of my remaining long stock. I was looking for $SVXY to move up to 93 before covering but the post FOMC activity led me to cover part incase $SVXY can’t make it up to 93.
Rolled a Dec 16th 80 Call out and up to Dec 30th 87 Call for even sans fees. Originally sold for 4.00 so the 4.00 debit was a wash but gained 7 points of upside.
Have a great day all. And thanks for enlightening me to the editing secret.