If your nervous about a bad spike I would not hedge with uvxy or vxx calls.
I like to sell put spreads on vix when it’s around 12 and under. I sell about 4 months out. Gives me the ability to wait even as volume makes new lows the put spreads don’t move against u really much. Giving u ample time to wate for the spike. Mean while with vxx n uvx…[Read more]