#VXXGame Starting a new experiment today. With $UVXY at all-time lows again, I bought some far OTM calls for cheap. This should lessen the margin requirement to sell lower strike calls on the next vol spike. Since I have portfolio margin these positions should help me overall with carrying short volatility trades. I will add some more positions in the coming days/weeks if we continue to barrel higher.
Bought (10) March 91 calls for .15 each.
Bought (1) Jan 2019 75 call for 1.70.
Highest available strikes on each.