ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[stingray113]

Yes, XIV is the inverse.

And cook, yes it's crazy how that happens.

Italy lead less than 1% and almost guaranteed to re-vote, just waiting on official announcement.

FOMC minutes dilemma will be resolved tomorrow with Bernanke, Italy still a wild-card. And who knows whether sequestration will even matter.

With UVXY up 44% from today's lows, there's only one thing for certain: UVXY will be dramatically lower than today's levels in the future (sooner rather than later).

For now I'm on a 110% hedge. But I've also been building up my puts the whole way up, and I have a 4% stop off highs for my hedge.