Wednesday, March 6, 2013
Sold UVXY May 18 '13 $15 Calls @ $1.05...
What I intend to do is play the volatility on the VIX a little better... I will keep this covered call on the back burner and should my UVXY shares allow me to take profit in the interim, I will do so and then buy back on the pullbacks...
The higher strike price provides me with a good margin of error...
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