Just a Quick Idea of the past
This is worth more than most
Note
For anyone still keeping this idea pinned please read: The amount of short sellers in the volatility world has reached a new level. We have known for months that the MM has suppressed volatility (and the dollar for that matter) so that they could push prices higher and higher. I mentioned this 11 days ago that should UVXY break below $10 I will accumulate the largest position I have potentially ever had. This is a risky trade and the theta alone from UVXY can kill your delta and any hopes of profit, so please do not follow me here. I have quickly realized that UVXY may indeed fall into the single digits and even reverse split, however I fully believe the arrogance of this market will be proven false soon enough. Goodluck in your trades and remember stocks such as UVXY, VXX, (rip TVIX), VVIX do not trade like normal stocks and are mostly for shorting, however in great times of euphoria, they will reward those who have listened. Cheers.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.