ProShares Short VIX Short Term Futures ETF (SVXY)

[lifter]

thanks but I am still learning everyday,

as far as puts its just math to me. when uvxy spikes like this I look at the mean revert in vix and calculate risk/reward on the premiums. I look out at 2016 and know that with contango in play uvxy will drop x % Ihave done fairly well with these typically returning 20-30% ( i never can seem to hold on for the huge uvxy drops) I make more overall gains by selling puts in svxy and only on occassion get shares put to me. I do have 1500 now but this only happens several times a year when I get ran over by an event.( Note I got 1000 put to me and bought 500 yesterday at 50.12 ) so now I will sell calls on those shares after another vix smash down which should happen any day now without a catalyst.