UVXY - Something Up / Time to Hedge against VXX / UVXY

0. Something wicked this way comes;

1. VVIX up 15 percent since January 6;

2. VVX rising 6 percent, with the market;

3. Vix Expiration this Friday, January 20, 2023;

4. Exactly 2 months on the options cycle with a Gamma Pin at 4000, SPY, which we got rejection at today;

5. More notes coming;

Comment:

6. If we had to take a guess, it looks like a two month, rolled over option
cycle here, and a pin at 4000 on SPY. We failed to break once again above
the long term trend;

7. UVXY and VXX calls dirt cheap, possible hedge.