AMEX:UVXY   PROSHARES ULTRA VIX SHORT-TERM FUTURES ETF
109 0 0
I recognize this is a derivative of a derivative. Using TA and look back for commonalities. Approaching S2 which is the past, the probabilities of a bounce are higher.

Approaching the 2.272 fib trend extension with RSI oversold but can go lower. We'll see. VIX:VXV ratio at extremes. I like the R/R here for a long. Also seeing large blocks and call buying in VXX             5/27 $20C's - ~50K

Related Ideas

optionflow
$IYT - Daily
optionflow about IYT 11 months ago
Ideas Scripts Chart
United States
United Kingdom
India
España
France
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out