UVXY July 15th Calls This is an intermediate term trade designed to capture most of any volatility spike that occurs into the end of June, and possibly through to July 15th expiration (33 days). This would be akin to the volatility spike accompanying the Covid Crash in March 2020 where UVXY spiked 13-fold in four weeks. With Jun 17th expiration off the board on Friday, these calls can be used to replace those expiring Jun options. My favorite strike for an intermediate term trade was highlighted last Friday Into The Close. July 15th UVXY Calls Covid Crash Volatility Spike: Feb-Mar 2020