Replies to post #10377 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[hunterj20]

I do understand it. If the market heads south it will go higher. If the market doesn't, I agree it will go lower even if VIX stays at 10 because the VIX futures will reset tomorrow evening around 11.7 and start heading south towards 10 again. I know UVXY like the back of my hand.

[hunterj20]

With markets stuttering here at all time highs and VIX around 10 I'll take my chances. Sometimes you just gotta buy before the run or miss the first 10-20%

[37thirtyseven37]

Is the price going to reset? Or you mean it’s just going to continue to degrade? Do you not think a bounce is coming?

[hunterj20]

Nice call on the 15. Could see the price level out later this week currently the VIX and VIX futures prices are 1.2 points apart. Should see UVXY dip another dollar or 2 before possibly a good run if there is a correction to S&P.