SPDR S&P 500 (SPY): One thing I notice in trading UVXY. If...

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livinginthelimelight

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livinginthelimelight

Re: imiloa post# 178185

Thursday, 01/14/2016 2:54:26 PM

Thursday, January 14, 2016 2:54:26 PM

One thing I notice in trading UVXY. If the market is stable in the afternoon (or up nicely) it decays like crazy. Probably due to a buyers strike in puts. It usually starts around 2 pm. I shorted @ 41.50 around 2 pm... I am up nicely and have a trailing stop.

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