No stock can make you this kind of money from oversold positions
There is no valuation method except when people start to buy puts this goes crazy and it is just beginning
Sentiment: Strong Buy
Looks like the set up to run to $20 has started
Yes - Just bought back in at 11.54 - tough decision but saw the selling pressure had abated. could really pop especially tomorrow
watch it go down 50% shortly
UVXY shorts are not diligent because in reality they are market long lemmings, come back at $20 in 2 weeks
and another 50% the next day
Many don't understand how this works. this is based on daily volatility, so if there is fear everyday UVXY can be up unlimited basis everyday.
its a futures instrument. Has nothing to do with daily VIX
you don't get it. follows the front month until it expires. by definition, a long VIX product will never be higher long term. a leveraged ETF cannot recover equal losses.
Sentiment: Strong Sell
UVXY has never gone up 50% in one day. It did, however, drop 30% in early January.....