#VXXGame
Wow, there is just no premium out there. $SVXY Puts aren’t worth much until you get pretty close to ATM and OTM calls provide very little premium. $UVXY calls are trading for pennies. I’m guessing that is not likely to change until we get to the Dec FOMC meeting and we see how the market reacts. I don’t think a rate increase will have much affect, since it is expected, the interesting thing will be the dot plot on the future increases. That’s what freaked everyone last year.