$SVXY #ShortCalls #Rollup – not waiting for the stock to run any higher. Rolling this short position up to release margin after earning most of the time premium.
Bought to close SVXY Dec 23 2016 90.0 Calls @ 4.93
Sold SVXY Jan 19 2018 175.0 Calls @ 5.33 – Highest available strike
Someday I’ll be able to pair short puts with these short calls.