Replies to post #6932 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[eric4x]

Changing lower buy limit to $24.*

UVXY seems to be dropping fast in the pre-market. I worried earlier that SPY is nowhere near its high, even as the VIX is setting new lows.*

[eric4x]

BOUGHT UVXY at $26.66, opening price.*

The order was filled at 09:30:03 am. A limit order was set for $27.*

The early pre-market trading showed the price dipping below $26, and it looked like it was going down fast. So, I changed my $25 buy limit to $24, but then I changed it later to $25.50;*

My third buy limit should be between $24 and $24.50, but I haven't set that one yet.*

I am looking for just a small gain, with nothing in the loss column. The UVXY price has been jumping up pretty good lately, but as they say, "It works, until it doesn't." I don't want to get stuck with a big loss, while waiting for a big gain.*

I am having trouble getting good numbers on the VIX highs and lows. NASDAQ sometimes has the list unavailable. Yahoo sometimes has the daily price unavailable. CBOE doesn't seem to list the highs and lows where I can easily find them. Here is a page that took some searching to find:

http://www.cboe.com/delayedquote/simplequote.aspx

Then you have to type in the symbol. And I can't find CBOE numbers in a historical table.*

The VIX low was 11.85 for Wednesday, and 12.09 for Thursday, according to Yahoo and NASDAQ.*

http://finance.yahoo.com/q/hp?s=%5EVIX+Historical+Prices

http://www.nasdaq.com/symbol/vix/historical