#LongPuts – Bought a bunch of these on the big spike in Dec and Jan. Have gradually reduced basis in them by selling call spreads and puts. Booking two thirds of them now and keeping enough to match my ITM short puts. Also using about a third of call premium received each month to finance the rolling down of the short puts until we get the next big spike.

Sold to Close 10 UVXY JAN 15 2021 50.0 Puts @ 29.30 (bought for 22.90)