SPDR S&P 500 (SPY)

[fitzwell11]

Appreciate the input. I ended up grabbing SPY 4/22 $210 calls as my hedge. GDX puts up big today, USO puts avg and TVIX down with my calls up a bit. Only way I will screw myself on this setup is if spy goes sideways for the next week, eroding premium and TVIX. I'm thinking about switching to a straddle on USO as I think we would all agree, good or bad, Sunday night/Monday morning will be a big move in oil one direction or the other.