ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[stingray113]

Lifter, glad to hear your daughter is doing better. Glad to help, and hope your options turn out ok. Good news for you though on your SVXY short puts! Remember that the debt ceiling hits again soon, so I would consider taking at least some profits sooner rather than later.

With contango taking back over and a relatively small slope between front and back month futures we may be seeing the majority of gains for SVXY for the month (and therefore losses on UVXY). It will be very hard for SVXY to close February higher than $66, with a reasonable expectation between $60-64.