Replies to post #9640 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[DownWithPumpers]

We are finally getting more volatility in the markets.

The actual volatility over the last 10 days (HV10) is 4.39.
Over the last 20 days it's 5.96.

Actual volatility in the market is low, and dropping, and remains far below the VIX which is at 11.49.

In other words option buyers, and buyers of UVXY/TVIX, are paying a lot for volatility that hasn't been happening.

http://www.vixcentral.com/

[kid biscuit]

Save powder for a nice spike's following tango as has been discussed is very smart. I believe if a person can successfully trade UVXY they can make money anywhere, anytime, any market. It's hands on training to become the best because of its insane volatility. Love or hate it, that my take after years of paper and cash trading. Its excellent training for momentum trading and practicing to be decisive and having a well executed game plan. It helped me hugely in trading pennies.

[Marketwise]

However do notice that we are still climbing in the S&P but despite that uvxy is showing a little green over the past week. Thus I would now tread the options market a little more carefully with a definite add on preparedness or piggy back strategy, using longer time periods especially if uvxy does climb well above its 20d-sma this week.