Paper bought over 7700 UVXY Dec30 8 calls paying as much as .20 and as little as .13 throughout the day.

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ProShares Ultra VIX Short-Term VIX ETF, trading 7.73 with an IV30 of 122.5% and an HV10 of 48%, is seeing near term call buying. Via sweeps, traders are buying the Dec30 8 calls. The ETF, with an ADV  of 125,00 and an OI of 981,000, saw customers buy over 7700 of the Dec30 8 calls paying as high as .20 and as little as .13 throughout the day. This is against open interest on the strike of about 9,000.

This trade appears to be an opening trade and a play on vol moving higher from here. The customer or customers appears to think UVXY could see a pop this week. This means that he or she thinks VIX could pop between now and Friday.

This trade is aggressively bullish volatility.