What a slap in the face to longs . VIX up 1% and UVXY down 1.88% !
What do you think is going to happen when the VIX drops 1% ? You guessed it , UVXY will drop then too ......This product is a well tuned scam my friends ! How are you supposed to make money off of this if it drops when the VIX both rises AND falls !
you dont know what your talking about. your a mor......n. uvxy is doing exactly what its supposed to do. futures contracts rolled over to march. march is at 14.93 and april is 15.9 uvxy is down because vix is at 13.13 and there not trading on feb contracts. read and u to could be successful..
Uvxy is not a scam andymore than xiv is. they do what there intended to do... trade off of them
HEY SS, uvxy IS down 22 cents and your complaining? hey its a good thing, only down 22 cents, get a grip, see what happen s when they juice the algo programs! we either rock? or roll over? NO VOLUME TODAY, obama speaks tommorow night! jmo