JamesMBee

UVIX, a lotto ticket with low risk

Long
JamesMBee Updated   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Exhaustion, Range, Breakout
Could work.
When uvxy worked in covid it did 800%. Even if this does 20%, to take a shot at something like that with a 4% stop is quite reasonable IMO.
Comment:
It should really take off from here, as that's the way of UVIX. If it doesnt im out. Stop moved to breakeven essentially immediately.
Comment:
I'm out
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