My #1 doubler pick here: UVXY

KCalhoun

KCalhoun

Today's epic run on high volume in UVXY tells me it finally is an outstanding play for potentially doubling by end of year, from 10 to 20.

I'm holding just over 1,000 shares here overnight :D

Not a recommendation..... but it did great eod volatility surge. I like UVXY, which I was daytrading up to 2000 shares this afternoon. I was also pair trading SQQQ/SOXL. VOLATILITY rocks on.

https://www.cnbc.com/quotes/UVXY
 
KCalhoun said:
Today's epic run on high volume in UVXY tells me it finally is an outstanding play for potentially doubling by end of year, from 10 to 20.

I'm holding just over 1,000 shares here overnight :D

Not a recommendation..... but it did great eod volatility surge. I like UVXY, which I was daytrading up to 2000 shares this afternoon. I was also pair trading SQQQ/SOXL. VOLATILITY rocks on.

https://www.cnbc.com/quotes/UVXY
More...


UVXY... is that one you get a K-1 on at the end of the year?
 
Or look at today's CHART. Plus up afterhours
uvxy21sept.jpg
 
UVXY indeed seems like a great bet, VIX has underperformed when compared to the stock market cratering as of the last several months, about time VIX (and thus UVXY) catch up on the upside.
 
IronFist said:
Now I opened a uvxy chart and checked history and it looks like it only goes down what am I missing?
More...
Camping out in UVXY-land could be invigorating to say the least, lol.
What timeframe charts do you like to trade?
 
SoyUnGanador said:
UVXY indeed seems like a great bet, VIX has underperformed when compared to the stock market cratering as of the last several months, about time VIX (and thus UVXY) catch up on the upside.
More...

It's down 7% ytd in a year conducive to playing it and down 99% in 5 years. What could go wrong :) ?
 
Last edited:
You must log in or register to reply here.
Back
Top