#bearcallspreads $UVXY

Sell to open Feb 02 11/16 bear call spread. I like to see what ROI is on these triple ETF/ETN instruments. I have noticed when ROI on ATM buy writes exceed 5% it is very unlikely to be called away. SO This one presently offers a 7.74% ROI. I limit my margin/risk by employing a spread. Let’s see if it doesn’t turn down later today or tomorrow.