I LOVE IT
It don't even need to hit $25 on UVXY for this to happen, and 25 is a good bet in June. Almost 100% gain from today UVXY low, but much more for those who bought calls!
Did you notice 13000 June puts traded today? Someone invested over 500K. If this goes to 0 by expiration they make close to 5 million.
My target is 2.00 in June 1.50 in July 50 cents in November.
I might cover under 2, or I might not!!!!