ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[eric4x]

New sell limits, $7, $7.50, and $8.*

If I can catch UVXY going up into backwardation, then maybe I could change some of these. It all depends how closely I'm watching it at the time, and how anxious I get about making a decision. But at least I would be left with a profit if these orders are filled. Then I will be looking to buy XIV.*

If a big selloff hasn't occurred yet, and the market is still considered "overbought," I will stick with UVXY for a while. I can keep trading up and down with UVXY, as long as the gap is wide enough.*