$SVXY $UVXY

I was away from the market for most of Friday.  I went into the day with 3 positions ready to expire.  $UVXY $40 calls, $SVXY $45 and $50 puts.  The only thing that would affect these was a big sell off, which is obviously what happened.  Early in the day it sure looked to me like there was little chance of the market bouncing, so with $SVXY about $49.50, I closed my $50 puts for $1 (sold for $0.50 so lost $150).  I closed my $45 puts to cover the loss and still book a profit just in case.  I held onto my $UVXY $40 calls as I did not think it would get there.  I checked on the market with about 1.5 hrs left until the close, $UVXY was about $37.5.  I was going to be in meetings the rest of the day so I closed out the position for $.15 (sold for $0.45).

So at the end of the day I had nothing left to expire.