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Strategies & Market Trends : Option Strategies -- Ignore unavailable to you. Want to Upgrade?


To: Bridge Player who wrote (984)1/23/2014 12:40:13 PM
From: Bridge Player  Read Replies (1) | Respond to of 2591
 
Sold (covered) UVXY 17 strike calls 1/31/14 for .52, long UVXY via assignment at 20, total premium written now 3.42, stock at 15.77.

Do not expect to get called, but if the market continues weak and it approaches the strike near expiration, I may roll out and up.