Intraday templateIntraday template. to be used as part of my TTB Trading Method.Educationby TheTradersBias116
I think UVXY might go higher here.I think, but can't guarantee, that UVXY may go higher here. Notice that it's been beaten down a lot recently. However, the black box line has been triggered (on the 10 minute) and the moving averages have converged. AMEX:UVXYLongby tjfeeny8
Quadruple Bottom in UVXY?Selling exhaustion and showing good demand despite new highs in S&P...by mseah8113
UVXY Reverse H&S Bullish Breakout on HourlyThink mkt underestimating a retaliation response from Putin. If he does not bomb some US allies, the world would see him as weak like Obama. Not likely he would not response soon to this humilation..by mseah8115
UVXY Possible Bullish CipherA bullish Cipher is shaping up near the lows.Entry at 18.86 and first target @23.00.MACD is in positive territory.Longby Fibonacci127Updated 7
Bullish UVXYToday's action was interesting. Coming weeks are going to be fun for UVXY. JMHO.by sinsanvi111
UVXY to $43 Market CorrectionNext correction reverse VIX target 43.58 possible 100%Longby KeithRowell4
Buy UVXY at $27 for short-term bounce this weekUVXY is oversold, and buy it at $27 for short-term bounce this week.Longby Petergluis4
TRADE IDEA: UVXY (POST SPLIT) FEB 17TH SHORT CALL VERTICALI'm doing a little planning ahead here for the UVXY 5-1 reverse split, currently scheduled to occur on Jan 12th. Truth be told, UVXY is not one of my favorite VIX derivatives to play, largely due to options liquidity, which leads to wide bid/asks that you have to putz with in order to get filled for something vaguely approaching a "fair price." Nevertheless, I think splits in the derivatives (VXX, UVXY, and SVXY) are something to be taken advantage of to put on "contango drift" plays in these instruments, (See Post Below), particularly here, where contango is particularly steep. (See vixcentral.com). Since I don't know precisely at this moment what the "split-to" price is yet, I won't know exactly what strikes to use and what the cost of the setup is. However, this is the plan: 1) Post split, buy the long call that is ATM or one strike below. 2) Post split, sell the short call that is 3 strikes below the long call strike.* This will create a 3-strike wide, short call vertical, for which you'll receive a credit and which you'll look to exit for at least 50% of the credit received. If price breaks through your setup running into expiry, you'll roll it out "as is" for duration (to a later expiry), wait, and repeat the process until contango erodes price to such an extent that you can exit the setup profitably. (Alternatively, you can roll the setup down, chasing the underlying's price on its decent ... .) * -- A possible alternative setup is to go deep in the money with this credit spread. You'll get a larger credit "at the door" and experience a smaller buying power effect. However, you'll be stuck rolling the spread out repeatedly for duration until contango erodes the price of the underlying such that price eventually clears your short call. Naturally, a pop in VIX (and therefore UVXY) could occur while you're attempting to do this, leading you to be in such a setup longer than you'd like.Shortby NaughtyPines5
ALERT: UVXY 5-1 REVERSE SPLIT, EFFECTIVE 1/12/17A 5-1 reverse split is scheduled to occur in UVXY on 1/12/17. In a nutshell, this messes with options positions (see Post below) ... . However, it can also be an opportunity to get into a short UVXY "Contango Drift" play. I'll do a separate post shortly ... .by NaughtyPines8