OK, a small position in a strip of flies. The one I am enamored with is the SPX 05/55/05 fly, iron or calls. 13.90 to the buy. 5% allocation. I will not add any tickers until next week. No cash mkt stop level.
unreg, the Nov serial synthetic on UVXY would run $1.00 in edge to short. I don't think it's a bad call if you can stomach it. $2 r/t just to BE, however. The market will tighten if indices rally.