Replies to post #10381 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[hunterj20]

That's impossible to guess. Depends on the drop in the S&P. Right now VIX current price and VIX futures price are only 0.35 points apart(9.8/10.15) which is really good for UVXY if S&P decides to make a correction starting today. I'd say a mere 50-75 point drop in the S&P price would give us a 30-40% return. If there was a spook in the market and the VIX goes to 15-16 we could see 60-80% just like that. Major catalyst and sky's the limit here.