Options Expiration Weekly 1/27/17

#OptionsExpiration

$SVXY $80 puts
$UVXY $34 calls
$UVXY $36 calls
$UVXY $38 calls
$UVXY $40 calls
$UVXY $42 calls

With the VIX low, #VXXGame premiums are also low so I continue to stay very short term. Won’t stay this way forever. I don’t want to be short a bunch of longer term $UVXY calls or $SVXY puts if we get a serious vol spike. Will continue to just make good steady short term money and wait for the opportunity to sell longer term, high premium positions. Even in this environment, it has been a nicely profitable month.

Have a great weekend everyone.

Kelly