I didn't cash in yet, but still holding onto shares with a $5.90 basis from about three weeks ago. I thought the fireworks were going to start today. It didn't happen, BUT I'm feeling very comfortable holding this ETF now as the market starts to roll over.
I wish you the best. Keep in mind, when you go long, you're betting on selling insurance. UVXY isn't a direct bet against the market. One could easily make money going long or short. Certainly, UVXY could continue to go up in the next few days. However, I feel more comfortable trading XIV at this point. Good Luck