UVXY Crosses VIX Futures...Finally Short

ProShares Trust Ultra VIX Short Term Futures ETFArca

Description

⋅ Jul 22, 2020 3:59 PM

See related idea for what happens when a VIX ETN crosses VIX Futures and you shall see the benefits of shorting.

AMEX:UVXY
CBOE:VIX
SPCFD:SPX

⋅ Aug 12, 2020 12:14 AM

Comments

BoneFunkenstein

⋅ Jul 25, 2020 5:09 PM

Mid August it will be around 17$ and I would watch for LONG positions

JGM0706

⋅ Aug 12, 2020 5:42 AM

@BoneFunkenstein, looking pretty good so far ^^

BoneFunkenstein

⋅ Aug 13, 2020 2:27 AM

@JGM0706, yup we are at YELLOW GREEN crossover and it popped a little as expected

JGM0706

⋅ Aug 13, 2020 4:20 AM

@BoneFunkenstein, thanks for the graph! Does it mean there will be a pop when yellow crosses red at $18.93?

UnknownUnicorn5511258

⋅ Aug 12, 2020 12:13 AM

As per my latest post, I am no longer short this trash ETF. The ride down was boring, but did yield some profits. No position on it as of today.

farmerisland

⋅ Jul 23, 2020 11:10 PM

Whoops....

UnknownUnicorn5511258

⋅ Jul 24, 2020 3:24 AM

@farmerisland, lol, you might be right!

but probably not. I'll see where its at next week and if above 30, Ill kindly delete this post.

WhipsawJunkie

⋅ Jul 23, 2020 8:04 PM

Oh well better luck next time

UnknownUnicorn5511258

⋅ Jul 24, 2020 3:27 AM

@WhipsawJunkie, right, like tomorrow around noon. maybe sooner?

WhipsawJunkie

⋅ Jul 24, 2020 1:22 PM

@Perma_Pig, Yes. Like a broken clock you will be right eventually.