ProShares Short VIX Short Term Futures ETF (SVXY)

[lifter]

by all means make that money!

I am honing in on my process of selling volitility over a vix of 20(usually selling svxy puts) but have purchased uvxy puts if premuim isnt wacky

closing positions or at minimum hedging(selling calls) when vix hits low teens. In mean time I sell leap calls but if vix got to say 12.8 next week I would look to close leaps and be more aggressive in my hedge of a vix spike. IE i would btc then sto maybe 60-70s get more premuim for the eventually spike in vix and rise in futures. Once I was up significantly in those calls I would btc wait for mean reversion and go back to leaps especially if contango regained control. As always I reserve the right to scalp my leaps daily or weekly if profit presents itself.

good luck and share some ideas if your inclined