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ProShares Short VIX Short-Term Futures ETF (SVXY)

NYSE
Currency in USD
Disclaimer
51.51
-0.61(-1.17%)
Closed
After Hours
51.56+0.05(+0.10%)

SVXY Comments

SVXY $98.05 +0.71% at the close!
MONTHLY R2 was $95.30
SVXY $82.99 @ 01:30 PM ET. VX (FEB 2024) 20.15
SVXY $87.46 -3.92% @ Close!
SVXY $90.97 +0.69% @ 09/01/23 Close!
SVXY $91.00 +0.72% ... Good place to take some gains off the table.
SVXY $90.13 +0.81% ... New 52-weeker!
SVXY $85.65 +1.52% ... Takes a peek above MONTHLY Pivot (85.50)
SVXY $84.37 -0.19% @ Close!
SVXY $87.83 +0.33% ... New 52-weeker!
SVXY $84.79 +1.73% @ Close!
SVXY $84.23 +1.06% ... NEW 52-weeker!
vx 15.23
SVXY $75.79 +2.05% ... +$3.79 to its bullish vertical count of $72!
SVXY $67.59, UVXY $3.86, VX 19.78 with VIX 17.39 @ 12 noon ET!
strong long
Thanks God It's Flying
slow and steady to 100
who is trading this still?
I am.  Looking for a big dump to go long again.  Out right now.  GL
 the dump arrived now if you want :P
   Well, good call, just about 3 1/2 weeks early, but, good call.
SVXY $57.66 -2.2% @ Close ... profit stopped out today with the 2% trailing stop at $58.47. Looks rather option expire type of trade today, especially UVXY.
Quick benchmarks at the 10:00 AM ET Hour ... VIX 19.47, Dec VX 19.32, UVXY $14.49 and SVXY $58.90.
Note:  UVXY traded a new record low of $14.00 on the button, yet SVXY well off it's 2021 high of $64.45.  This is the extreme leverage of the UVXY vs SVXY and the current, future month VX futures roll impact.  SVXY traders need to keep that in mind for their risk/reward to a target.
Benchmark ... At Dec VX 20.00, Jan 22.65.
SVXY $58.89 ... OK Alf.  Here's an updated 5-hour with MONTHLY Pivot.  MACD hooking up above the MONTHLY Pivot.  Should be off to the races.  https://invst.ly/wwg05
Nice Chart. Nailed it.
Even without the Chacanery that went 1:59
Jeff, yep now we go to 62+..   too bad I had not the guts to step in below 56.  GL
SVXY $58.70 +3.02% ... initiating trailing 2% stop from $56.93 @ 03:29 PM ET
SVXY $57.44 -1.86% @ Close!
Jeff I trust below 56$ would have been a good entry today to surf throughout roll over. Time will tell.
... i haven’t traded this week. Should be OK above weekly pivot, but even better above the monthly. I’m still waiting to see if we can’t get a bit more bounce in VX. VX futures roll is in your favor though.
I did not trade neither. Today's reaction to FED's statement will tell wheter to start a position or not.
Alf ... here's your trade within the MONTHLY Pivot.  This is how I first discovered the pivots, by reviewing my TRADES.  The good and the bad. Then fine tuning to see how I could improve. https://invst.ly/wuoto  ... Not saying to abandon what got you your profit, but I like your comment "Hopefully I will not have to hold for the next 2 years to break even" as the SVXY continued to fall (after a quick average down).  See your MACD and RSI?  Now WAIT!  Let the trade come to you!
Jeff, thanks.  Sure it is better to grab the VIX huge spike once a while than hoping.  Anyhow  it seems that medium term it is always possible to find a profitable exit.  Patience is THE key.  Looking at your chart, we may repeat the situation of the second week of october and then break up, no ?
... maybe some tax gain selling of equities to bring up VX futures a bit (svxy lower), but the internals may be strengthening too much at this point.
SVXY $56.92 ... profit stopped on the remaining long here @ 02:52 PM ET (2% trailing profit stop).
Thanks a lot. I think I will stay out until next week's FED talks. Have a nice evening!
... other than the average down on the 2nd buy, you did a great job managing the position. Do that 12 times a year and you’ll grown an account.
yep, i am happy with my 10%.  Nevertheless, i still trust we are going tp break up and see quickly 60-61$.  Fair enough, it will then perhaps be time to have a look at UVXY.  Thanks a lot for sharing your knowledge.
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