Forgot to tag you @thehamno

@thehamno How do u back test ? What were the results like ? ROI ?

@david-moadel What ROI are you looking for on LEAPS almost 1 year out ? Can you give an example of such spread on either UVXY or VIXY ?

I agree on the bad bid/ask spreads making it difficult to get in and out without cutting into the profits.

I trade quite a few long debit put spreads in UVXY, with expiry spread out from between this friday and the march monthly contract. I’ll never claim to tell you how you should trade them but I can tell you how I do it.

1) With UVXY being where it is I usually go for a $2.00 wide spread, like shorting the 8 put, long the 10 put. I usually target…[Read more]