Crazy week here away from the market but enjoying the volatility collapse!

Bought to Close UVXY MAR 4 2016 50/60 Bear call spreads @ .05 (sold for 1.20)

This was in an #IRA so frees up quite a bit of margin. Thinking about possibly using the extra margin to close the long side of some 35/32 bull put spreads. This would accomplish a couple things. The 35’s would then be much easier to roll out and down if needed and allow me to book a nice profit on the longs (a 3 bagger). Downside is UVXY could continue tanking but since I was gonna roll the spread anyway think I’ll book the long side.