### Comment:
I still think the smart play is the sell far OTM puts.  The IV on Friday expiration puts is still through the roof. 
  
 I can't imagine even if Uber takes a bath this week for it to fall more than 10% at the worst.  Yet people are paying like 0.55 for 27 strike puts right now.

### REPLY:
Sold a ton of $25s, here’s to the guy who thinks it’ll drop 20% in a week.

### END.