ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[kid biscuit]

UVXY is one piece of work. The guys that run it brag up how they turn a profit of of a couple hundred mill a year. I would pay 10,000 to have the software they use to control the ship. Once I was in the money on some calls along with a thousand others at 10 minutes till close. The market went up almost 50 points in that period of time. As I was getting ready to exercise them they slammed em to the pavement, knocked em out of the money. So, I just kept watching them after the close they ran the price back up, So I shorted 100,000 thousand shares for my calls about 10 minutes after the bell. Got my cash on Monday. You have to play hardball with these folks. For example you might even have a good chance of making money buying the 20 put that expires today and find they go green 10 minutes after the close. Its a calculated gamble, but heck so is all of life.