Shorts are toast
Expect 5-10% intraday day moves and 3-5% gaps. Exit stratigies for uvxy are expensive and limited.uvxy is simply a musical chair stock.Last one to sit, will be hurting.glta
I doubt above $10. Just my feeling watching this for 3 months. 20% tops! Probably. That would put it around $9.05 best case scenario. Unless the world falls apart then who knows.
I really don't expect rocket launch tomorrow...but by the end of the week...
Nice steady collapse with major sell off in mid September.Gonna be up and down this week, provably close out Friday around $8.75...Keep your expectations low, it will allow u to make better trading decisions.