Hello! I am looking for some advice on UVXY. I own 400 shares of UVXY – got assigned several months ago. I have been writing calls against this to reduce my loss on this. Given that volatility continues to be low, does it make sense to hold these and keep writing calls or should I dispose it, collect whatever I can and move on. I know some of you trade this instrument and would love to hear your thoughts.
Options Bistro 