The cliffhanger last time involved the $6.50 put for UVXY expiring this Friday, January 13th. I had sold twenty contracts on January 4th for premium received of $0.18 each. It turns out that I got nervous about this put when UVXY touched 6.57 later that day. I knew I had time, but I also believed that the nature of UVXY was not on my side, and I began plotting to trade out of these options and eventually replace them with more advantageous ones.
It turns out I didn't have to wait[...]