Replies to post #9458 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[DownWithPumpers]

VIX must be at or near a multi year low

The VIX is about 12.5% above its 52 week low. If the VIX is unchanged a month from now, UVXY will be down about 25%.

Futures are predicting a rally in the VIX. No rally, means a sharp drop in price for UVXY.