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benjihyam

Long Vol via $UVXY

Long
ProShares Trust Ultra VIX Short Term Futures ETF (AMEX:UVXY)  
benjihyam Updated   
AMEX:UVXY   ProShares Trust Ultra VIX Short Term Futures ETF
Trend Analysis Support and Resistance UVXY volatilityindex volitilityindex
2
4
trendanalysis supportandresistance uvxy volatilityindex volitilityindex
I don't believe shorting vol as a strategy is going to work much longer. I'm long spot UVXY as well as calls from $3.76.

Target $5.50. Think we're going to see risk puke over the next two weeks.
Comment:
Should see a reversal from here. If we don't see a reversal higher from here, $3.60ish level, idea is invalidated.
Comment:
Looks like we're getting the reversal
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