Besides having numerous short calls that will expire worthless today, I have a good number of contracts that will expire next week. With today’s drop in $UVXY, I can now close out all of next weeks short calls for a total of $60. I might just do that this afternoon and just close them down. They are spread from $80 up to $95, so little chance of getting hit even if volatility spikes back up. If volatility does spike up, that money is available to be put to work in new positions instead of tied up waiting for them to expire.