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AwesomeAvani
Aug 25, 2022 8:02 PM
UVXY Speculative Long ( Buy Low Sell High)
Long
AMEX:UVXY
60
ProShares Trust Ultra VIX Short Term Futures ETF
Arca
Description
⋅
Aug 25, 2022 8:02 PM
AMEX:UVXY
My UVXY is that fear and volatility will rise after the Powell speech
from Jackson Hole WY tomorrow. Accordingly, I expect UVXY
to reverse its current downtrend while the S & P and NASDAQ
slowly rise
Accordingly, I will buy the $9.50 strike call options expiring
September 2nd now priced at 35 cents er each or $35.00 for
one contract. I expect a good profit targeting Monday the
29th to close the position.
Trade active
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Sep 1, 2022 5:00 PM
UVXY doing well including my calls for 9/16- fear and volatility are the rocket fuel.
Trend Analysis
Beyond Technical Analysis
UVXY
VIX CBOE Volatility Index
powell
jacksonhole
reversal
fear
Comments
AwesomeAvani
⋅
Sep 1, 2022 5:01 PM
UVXY doing well including my calls for 9/16- fear and volatility are the rocket fuel.
Tradersweekly
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Sep 23, 2022 2:45 PM
@AwesomeAvani
, Ok, thanks for sharing.
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