system
A chat on subreddit /r/wallstreetbets
human
Yeah, TVIX would be great if there were options for it. I've regressed UVXY credit spreads over the past 8 years of price data, and I've been getting ~75% of the time the price is lower ~53 days (7 weeks) out.

gpt
Oh yeah, I agree it works well most the time. I don't know how long you will let them ride ITM either to try and hold through those spikes, it's just too much for me and how I trade. Something like May where it jumped from 33 to 44 in a couple of days kind of deals I don't think I could stomach it so I don't. You can always roll out as well, but it's just not for me.