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ProShares Ultra VIX Short-Term Futures ETF (UVXY)

NYSE
Currency in USD
Disclaimer
34.30
+1.01(+3.03%)
Closed
Pre Market
32.65-1.65(-4.81%)

UVXY Comments

I have about 5% in this ******* have lost almost half of my investment. But I look at it as insurance. sure I'll kerp losing money on it as my other investments keep rising in value. But if the market does take a big dump again, this ***will go up maybe 1,000 % like it did during the last market correction.
When the Covid crash happened this did go up 1350% or so. But it did so over time. If I was using this strictly as a hedge I'd monitor the S&P and enter on crosses below the 100 ma or something. That way you're not losing what, essentially, is 2.5-3.0% of your portfolio every year.
What're you talking about? I've been short for a year now.
This really can't be held long term with any chance of making money.  You'd do much better missing the first day of a market crash than waiting for one.
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