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ProShares Ultra VIX Short-Term Futures ETF (UVXY)

NYSE
Currency in USD
Disclaimer
40.94
+1.96(+5.03%)
Real-time Data

UVXY Comments

Didn't get out of the airport until after 1:00, so I missed a great day.  JW, Yogi, JeffB, any of you get a piece of this?  I'm shorting overnight, but I think there's a good chance of a spike tomorrow before closing red, as well.  Anybody seeing anything I've missed?
Yes. Shorted the UVXY. Lots of buy programs kicked in at SPY Monthly S2. Volatility could collapse tomorrow.
spx dropped below it's 50day and as far as tracking futures, M1 has started it's 3rd week and contango is currently at 0.93%. the roll yield curve now looks like a step ladder and the vix index jumped above M5. powell speaks again on wednesday. when he spoke weeks ago when the  U.S. markets were at ATH's, the bears ran out roaring and its been downhill ever since. this time the bulls are hoping to regain control. it's the same old playbook. the markets can drop futher again tomorrow or there could be a dead cat bounce. therefore i'm in cash for now.
Added some puts but we're on vacation in SC this week, and today I wasn't able to do much of anything.  But I've said it several times -- one of the safest trades in these markets is shorting this thing whenever it has a run like this.  And I predict we have more turbulent times ahead (translation -- trading opportunities).  GL everyone!!
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