2x Long VIX Futures ETF (UVIX) Quote

$VIX $uvix $uvxy will probably rally at $15.50-$16 due to the short term .618 level, if it breaks below then $15 +/- a few cents is my target before basing.

I have entered May 3rd UVIX calls at $10 strike when the vix was at $16 (at the time UVIX was just out of the money around $9.50) - Obviously I hope I don't make money on these as I have much more equity and options (sitting at 100 unclosed calls at 1.50 strike on $lazr with 20% expiring friday and 80% expiring on or after May 3rd.).

https://www.tradingview.com/x/Xe4HRWkO/

Info and Educational Purposes Only!

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#vix #fearindex #uvxy #uvix #lazr #oust #hedging #hedgeplay #shortsqueeze

Maybe a small vix bump off 16 first

Vix 13.5 - 14 coming before the next planned market dump imo. A fast market jam up so the market owners can dump into less than wonderful earnings imo.

Down to $12-16? From where?

In this VIX and #UVXY #UVIX update, we're closely monitoring the VIX as it stages a rise towards $19.50, nearing one of our key trend line resistance levels. With an 80% probability, this could serve as our short-term top, possibly forming a diamond pattern. Stay tuned as we discuss the potential implications and our bearish outlook for the VIX, targeting a retreat back down to the 12 to 16 range.

#VIXUpdate #TrendLineResistance #ShortTermTop #MarketAnalysis #CandlestickNinja

All posts on any CandlestickNinjaTv or CandlestickNinja Channels are for Informational and/or Educational Purposes Only - No Recommendations are Given Here!

Very funny, thanks for the heads up though. I’m here to learn as well as piss away my kids future (fuck college) Lol.

Hey win:

I am sorry if I dissuaded you from your UVIX 5.77% lottery ticket today.

Since that gain will reverse itself soon, you might consider buying SVIX instead to capture most of that when those VIX futures retreat. (But beware of getting a K-1 in a taxable account).

Contango remains healthy:
http://vixcentral.com/

Here’s some food for thought from Fido:

https://www.fidelity.com/learning-center/investment-products/etf/alternative-etfs-vix


As for your FOMO of a 700% gain, please look at it this way.

Perhaps in the next year there might be a Black Swan event with that orgasmic 700% gain. Extremely unlikely. Let’s say in 7 years instead.

So you speculate $15000 of your kid’s college fund hoping to make a kewl million. And in 7 years, UVIX pops 700%!!!

Most likely by then, that $15000 “investment” will be worth, perhaps, $50 and after than windfall might be worth $400, if you are lucky.

That said, the best way to end up with a million dollar account with UVIX/UVXY would be to start with two million dollars…


Doc

Sorry I don’t have a lot of experience with ETF’s. I know they don’t trade like normal stocks, but like I mentioned when the other one had a 700% jump in one day I don’t wanna miss out again.

Huh???

A reverse split will not affect the performance of this ETP.

UVIX, UVXY is concerned with one chart only:


Due to the relentless decay from contango as well as so called “beta decay” from the daily leverage, this security will continue its never ending asymptotic journey towards zero…


Doc

Wow! Shit thanks. Question is do I back up the truck or watch it play out possibly missing a lotto play?

1:5 RS effective April 11

https://www.nasdaq.com/press-release/proshares-announces-etf-share-splits-2024-03-20


Doc

Not sure if they’re similar trades but I’m looking at UVXY in June’23 jumped for huge bank and I’m wondering if the same could happen here? I didn’t see anything in the news about an R/S because that’s the only time I ever see a moon shot like that.
Just a thought

Parabolic move tomorrow?

Shawty got low but this is going up from 8s IMO

In to tha bound

What does inbound mean?

Split inbound by late April I bet.
Uvxy happening next weeks

How low can she go?

New 52 low, split?

What’s wrong with this picture? (Chart)
Looks like nowhere to go but up or a big lead balloon.

UVIX $19.18 to $19.44 target

Israel's war with Hamas puts new safe-haven focus on gold $UVIX

Shorting this has been ok so far !!!!

So there was a split today?

I like $UVIX here

$UVIX
#UVIX

UVIX: I like UVIX here before the historic winter crash

$UVIX
#UVIX

This was a pretty damn good call.
UVIX just hit $22 from $14s within a week , wow

Perhaps get some $13s on UVIX and $11s on UVXY seems like bargain hunting time coming here soon. Looks like the Big guys believe the 10 year yield can’t go any higher then 3.0 it must come back down to meet the Fed’s fund rate which is around 1.0.. as a matter of fact Wall Street believes stimulus coming again as the economy tanks.

Perhaps get some $13s on UVIX and $11s on UVXY seems like bargain hunting time coming here soon. Looks like the Big guys believe the 10 year yield can’t go any higher then 3.0 it must come back down to meet the Fed’s fund rate which is around 1.0.. as a matter of fact Wall Street believes stimulus coming again as the economy tanks.

Did oil cause the downturn?

The implication that almost all of the downturn of 2008 could be attributed to the oil shock is a stronger conclusion than emerged from any of the other models surveyed in my Brookings paper. Unquestionably, there were other very important shocks hitting the economy in 2007-08, most notably the problems in the housing sector. But housing had already been subtracting 0.94% from the average annual GDP growth rate over 2006:Q4-2007:Q3, when the economy did not appear to be in a recession. And housing subtracted only 0.89% over 2007:Q4-2008:Q3, when we now say that the economy was in recession. Something in addition to housing began to drag the economy down over the later period, and all the calculations in the paper support the conclusion that oil prices were an important factor in turning that slowdown into a recession.

There is also an interactive effect between the oil price shock and the problems in housing. Lost jobs and income were an important factor contributing to declines in home sales and prices, and the biggest initial declines in house prices and increases in delinquencies were in the areas farthest from the urban core, suggesting an interaction between housing demand and commuting costs. Once house price declines and concomitant delinquencies reached a sufficient level, the solvency of key financial institutions came into doubt. The resulting financial problems turned the mild recession we had been experiencing up until 2007:Q3 into a much more severe downturn in 2008:Q4 and 2009:Q1. Whether those financial problems were sufficiently insurmountable that we would have eventually arrived at the same crisis point even without the extra burden of the recession of 2007:Q4-2008:Q3 is a matter of conjecture. But it seems to me that oil prices indisputably made an important contribution to both the initial downturn and the magnitude of the problems we’re currently facing.

It is also interesting that the observed dynamics over 2007:Q4-2008:Q4 are similar to those associated with earlier oil shocks and recessions. The biggest drops in GDP come significantly after the oil price shock itself. What we saw in earlier episodes was that the drops in spending caused by the oil price increases resulted in lost incomes and jobs in affected sectors, with those losses then magnifying other stresses on the economy and producing a multiplier dynamic that gathered force over subsequent quarters. The mortgage delinquencies and financial turmoil in the current episode are, of course, not the specific stresses that operated in earlier downturns, but the broad features of that multiplier process are surprisingly similar to the historical pattern.

My paper concludes that the economic downturn of 2007-08 should be added to the list of recessions to which oil prices appear to have made a material contribution.

Acknowledgment: The above was adapted from testimony by the author before the Joint Economic Committee of the US Congress and summaries at the website Econbrowser.

Wall Street On Parade has been witnessing a persistent new pattern in the stock market for several months now where the market plunges at the open and then shortly thereafter, on no major news, it turns on a dime and spikes higher. This suggests one of two things to us: (1) either the New York Fed is manipulating stock trading out of its second office close to the futures markets in Chicago; or (2) big money at Wall Street trading houses and/or hedge funds are doing it. Either way, the SEC and the Justice Department have not nipped this activity in the bud.


On January 31, Wall Street On Parade reported that the New York Fed, which is the only one of the 12 regional Federal Reserve banks to have a trading floor – complete with those expensive Bloomberg data terminals and speed dials to Wall Street’s biggest trading houses – had decided, after 100 years of operation, that it needed a second trading floor in Chicago where S&P 500 futures are traded along with other futures contracts.

Wall Street On Parade has documented the bizarre price moves in the Dow Jones Industrial Average since March. Nothing about this is normal. If this is allowed to continue and the SEC does not explain, with credible details, who is behind these moves, what’s left of confidence in U.S. markets is going to evaporate.