Exploiting high IV and decay in UVIX by selling long-dated options.

The post highlights an advanced options strategy: selling naked long-dated calls on UVIX (Volatility Shares 2X Long VIX Futures ETF). The rationale is UVIX's consistently high implied volatility (IV) and significant long-term decay, making it potentially profitable for option sellers. This is a strategy to generate premium income rather than a directional bet on UVIX's price.