Max chart means #$%$ for a 3x you TARD.
Here's a little something for you to figure out genius. What happens when volatility subsides? It drops cray fast. What happens when something goes down 50%? It then needs to run up 100% to break even. Since you are so smrt I will show you
Here's a ticker for you. Let's say DUMB trades at 10/share. It loses $5 and is now $5 for the 50% loss. To get back to $10 it has double so it therefore makes it hard to climb. So everytime this drops 50% like it usually always does it then needs to double. So by essence this is designed to go down since volatility always drops fast. Now factor in the decay associated with leveraged products.
THAT"S WHY THE CHART LOOKS BAD ALL 3X ARE DUE TO DECAY AND THE FACT THAT WHEN THEY GO DOWN THEY NEED TO CLIMB MORE TO GET BACK TO EVEN
Next week is irrelevant. Say it spikes to 50. Shorts will engulf it, it will degrade to single digits AGAIN and reverse split...again. Idiot.
You're a complete fool. Reverse splits occur in UVXY periodically making "getting even" MATHEMATICALLY impossible to recover. Are most people in Canada as poor and stupid as you? Lol!!!!
You MORON. It's built to deteriorate @zzcl0wn. Reverse split meaning all shorts just short MORE, their trades aren't closed so no taxes owed. This thing is to good to be true for the WEALTHY. Lol. An instrument that poor peasants don't even understand, but "po folks" think it's a proxy for a down Market.Forward months right in line for Contango until at least December.
New month daily roll- sell existing month to buy very expensive next month futures. Thus, UVXY will lose ground even if the market is down big. Good luck is barely up or is down slightly- UVXY could be down 10 -15 percent on the day yet again. a
Yea, sure. Going forward, always wear a name tag with your parole officers cell number on the front of your shirt when leaving their basement.
For arguments sake you start off with 100 shares at $10. Reverse split 1/10. You now have 10 shares at $100. Both have value of $1000. Then it will more PROPORTIONATE TO THE VIX.
a $1 move at $10 is 10% a $1 move at 100 is 1%. if the vix moves 2% this should move 2%. It will move 4% whether its at $100 or at $10. 4% at 100 is a 4 point move and at $10 it's a 40 cent move. either way you make $40. Now please continue on with you false math examples