$UVXY #ShortCalls – Staying small but adding at better prices –

Sold UVXY Jan 15 2016 115.0 Calls @ 0.22 – expires in 6 days.

Sold UVXY Jan 22 2016 80.0 Calls @ 1.68 – a couple of weeks out and 100% OTM plus top of the chain

Sold 1 UVXY Mar 18 2016 165.0 Call @ 3.15 – top of the chain and the best risk reward for the time to expiration and the margin requirement of any UVXY option out there. You should be able to ride this position through any VIX spike

Sold 1 UVXY Jun 17 2016 80.0 Call @ 10.95

Sold 1 UVXY Jan 20 2017 170.0 Call @ 12.0