A tactical volatility strategy that usually holds SVXY in calm markets, flips to UVXY when stocks look extremely overbought, and parks in T‑Bills after sharp drops or when short‑vol is hurting.

It switches among three funds: UVXY (tends to jump when stocks drop fast), SVXY (tends to grind up when markets are calm), and BIL (cash‑like). • If the stock market looks extremely “hot” (10‑day RSI above ~75–80 on XLP, TQQQ, XLY, FAS, or SPY), it buys UVXY to bet on a near‑term volatility pop. • Otherwise it prefers SVXY, unless there’s a sharp tech-led selloff (TQQQ down >12% in 6 days) or SVXY has a big short‑term loss; in those cases it may park in BIL to cut risk. • It trades only when these rules trigger, not on a fixed schedule.

Out-of-sample performance shows dramatic upside: ~43.8% annualized return vs 16.3% for the S&P, Sharpe ~1.04, Calmar ~1.45. It tactically switches UVXY/SVXY and uses BIL hedges to chase volatility gains with disciplined risk across 650 test days.