#SyntheticStock – Yes…the SVXY situation sucks but there is a silver lining. The higher volatility across the board is nice for selling/rolling. For the last year when rolling these ITM weekly sales up on AMZN I’ve had to pay about a 2 dollar debit for a one month 10 point roll up. Not any more! While IV is high I’m rolling this one a little earlier than normal picking up another 23.30 of upside.

Rolled AMZN MAR 16 2018 1220.0 Call to APR 20 2018 1240.0 Call @ 3.30 credit.

20 point roll up for a 3.30 credit? Unheard of in the last year…