Replies to post #16377 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[mannken]

good deal, and yes, uvxy is suicide by sword if held too long

and don't get me wrong, I'm the amateur playing in Godzilla's world, I don't hold it but sometimes will buy oh shit dips depending on vix structure and negative divergences in SPX

obviously with Powell, its Russian Roulette in most cases lol

if we get a pop on inflation data next week, I'm out and actually going to hang up uvxy for awhile and focus on some other trading

[fitzwell11]

Terrible perma long, great trader. We may not get the 14x move from March 2020, but I wouldn’t be shocked to see 100-300% move one of these weeks. Maybe September