Soon to be #CoveredCalls – Time to begin the aggressive call selling since stock assignment looks pretty sure now. A little early on these. Will roll to next week if needed but want the downside protection.

Sold UVXY MAR 6 2020 21.5 Calls @ 2.60

Yesterday on the spike:

Sold UVXY MAR 13 2020 22.0 Call @ 5.30

There is still a chance UVXY could rally and the 26.5 short puts don’t get exercised. To protect the calls I’ve only rolled in half my puts. I’ll roll the other half Friday at the close if needed to get stock.