Replies to post #9595 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[Marketwise]

Not a bad call on the VIX. The VIX reached 10.51 yesterday and UVXY fell to 24 (4.80 pre recent reverse split and 15% lower than my near term target, given a VIX of 10.5). The question in my mind now is will volatility rally a bit here and if so to what level at this point?