ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[eric4x]

SOLD XIV at $17, waiting to buy UVXY.*

I had a sell limit set for XIV at $17.00, and it was filled by the broker at 10:21:55 AM on Tuesday, November 13. I made it just in time, because this was my settlement date from the previous sale. Now I am waiting to buy UVXY. I was not watching the market yesterday during the time the order was filled, so I couldn't get the best price for buying UVXY. I have a limit order set right now, but I will be watching it this morning. I'll just have to guess at what seems to be a good price, and go for it. The pre-market low so far is 26.03, and I had to lower my buy limit already. I'm glad to see the pre-market prices, so I can adjust my limit orders (which wouldn't get filled until 9:30 am).*

Of course, there is plenty of room for a market rally, and UVXY could easily go much lower if that happened. We can only hope that we are near the bottom again, before it goes back up above 30.*