ProShares Trust Ultra VIX Short Term Futures ETFArca
Beschreibung
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Short UVXY via long Apr20 put debits for $2.19.
POP: 68% Max loss: $892 (2.19 x 4) Max Win: $308
ROC: 34.5% over 66 days Long 24 put: 36 delta Short 21 put: 30 delta
I usually let these expire ITM, as my broker TW has cheap exercise fees. In the case that it expires in between strikes, then I will have to manage them by closing on expiration day.