Low 64.51 to high 89.02; even better.*
The low of $64.51 was on June 4, and the high of $89.02 was on June 21. I calculate a 38% increase. Not only would I have been far better off to buy SVXY when it was $65, but I would have also been better off to hold onto the shares I bought earlier at $75.50. After wishing for a sell price of $85, then suddenly I was afraid it would never go back up again, and I sold it for $74 just to get rid of it. My original sell limit would have been reached on June 19, and I could have then bought UVXY for $12. That would have been perfect.*
We have to keep in mind that UVXY tends to go down over time, but SVXY tends to go up over time. So, buying SVXY at a price in that range, and then holding it for a long time, should be a fairly safe move.*
I'll have to try that, the next time I get the chance.*
