UVXY contango rate projections for Apr 2016 & May 2016
Contango rate channel displayed for UVXY.
Multiply your VIX projections against the numbers for April and May expirations and you should have a range that UVXY will hit on those days.
Useful for knowing when to get out of UVXY options do avoid steep theta losses.
Bottom indicator shows VIX needs a sustained move above 20 at this point to get out of this channel. As time goes on, that threshold will go lower (just check the value of the red line).
Multiply your VIX projections against the numbers for April and May expirations and you should have a range that UVXY will hit on those days.
Useful for knowing when to get out of UVXY options do avoid steep theta losses.
Bottom indicator shows VIX needs a sustained move above 20 at this point to get out of this channel. As time goes on, that threshold will go lower (just check the value of the red line).
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