### Comment:
A 27% increase in UVXY in 25 days? Even on a bad day in the market you're looking at around a 7-8% increase at best which is like $9.20 at the current price. Don't get me wrong; I love volatility plays when the VIX is down like this but $11 is way too high. I loaded up on shares of UVXY today at $8.56 and sold $9 calls against them for 24 AUG. The IV on UVXY is 80% right now which makes for nice inflated premiums.

### REPLY:
i closed a lot of my short exposure so lets give this guy 11

### END.