Both the XLF etf and C have moved mostly sideways over the past few days. CCI took this opportunity to harvest a little option premium and provide a little more head room with the covered call. . Specifically, the Aug 9 $52,50 call was rolled to the Aug 23 $53 call for a credit of $.23/contract.
Since inception on Jan 8, the performance of various holdings are shown below
As described above, the position remains in place. Most of the big financial services firms (especially C) earnings reports are complete, and the usual August market doldrums are seemingly starting. Hopefully, that creates a dull/drifting market for the next few weeks in which this position will continue to perform well.