Sold to close UVXY Apr 16 2021 5.0 Puts @ 0.23.
Purchased these on March 1st @ 0.04 while writing March 5th 8.0 Puts against them that ultimately expired.
A #WinWin on a #UVXYContango trade.
I’m still long June 4.0 and 5.0 Puts that I continue to write against.
The next reverse split can’t be too far off with the stock at 5.40