In theory, uvxy will continue to decay and thus, it has been reversed split roughly every 6-8 months. And in theory, LT Puts would do well. I know better that nothing is that easy nor lunch is free. Such expectation could have been factored in the options. I'm asking if anyone actually held a UVXY LT Put over 6+ months, went through reversed split… And after all, is it a profitable trade?
Posted by JustATraderX
1 Comment
Pretty sure it’s already priced in to the premiums. Better is to wait for a volatility spike like in August when it went to 50 and get puts then.