Thanks to all for showing me the VXX trades. With the vol. spike I was able to see what happens, looks like 7:1 leverage on SVXY and now I see why the premiums are so high but awesome!

Rolled TSO May 19 80.5 put to May 26 81 put for 0.52 credit.

May try weekly SPY IC based on the spx campaign. Will establish 1-5 point wide wings and roll challenged options. See if it is any more efficient than SPX although may not get the tax benefit of SPX. Will let you know how it goes after a few weeks but this may be a better option for small accounts than SPX. Won’t start until next week when I have some expiring positions that will free up capital and margin.

Cheers and everyone have a good weekend! I am done trading for the week.