ProShares Short VIX Short Term Futures ETF (SVXY)

[Toofuzzy]

3uthirtyseven37

By your question it is obvious that you should NOT be trading options on this security.

You don't even have a basic understanding of options and you are picking the riskiest product to trade options.

You are looking at trading a derivative ( option) on a derivative (SVXY ) of a derivative ( vix ) of a derivative ( spy ) of a derivative ( a basket of individual stocks ) which are a derivative of individual companies.

Can anything possibly go wrong with this? Or your lack of understanding?

Start with a basic options book and read it a few times.

Not always
Toofuzzy