Reddit Posts
Is there a way to short volatility without selling options?
Returns on leveraged securities vs non-leveraged (UVIX vs VXX)
Is it smart to buy an ATM LEAP call for SQQQ or UVIX?
Why Now is a Great Time to Go Long UVIX and Make Money
2023-05-04 Wrinkle Brain Plays - In the style of Austin Powers
UVIX Play: Go Balls Deep & Make Money
Just went YOLO call on UVIX for April 14th. Who's with me?
Hypothetical "Volmageddon 2.0" using newly launched $UVIX Etf. ( Swipe right for 1.0 in $UVXY )
$UVIX 🎄 I like it for the market panic. What's not to like about it?
Chances for a UVIX 2x run up ahead - be on the look out for bad news.
Down 63k in the past month on UVIX (2X leveraged VIX etf)
Last Friday UVIX calls @15 exp 7/15 sold on 7/13 and then some tesla puts @715 exp 7/15 sold on evening of 7/13
My Plan for Intergenerational Wealth : UVIX ---> SVXY ---> SPY ---> Real Estate
IMPP and RDBX where good bearish bets for the start of this month. Closed my position for big gains. ( over 20% IMPP and over 40% RDBX) not to mention the 50% gain with UVIX. Market is very low now and I don’t feel like being bearish at those prices. I’m BULLISH ON BOIL
Bull trap confirmed. Positions: UVIX @ 17.74/share. Held over the weekend. I do indeed, belong here.
Thoughts on the UVIX and the SVIX??
UVIX soared nearly 40% on the day! An investor's "dream" return, what other investment would have such a return?
UVXY :drakeno: UVIX :drakeyes: UVXY is BACK!
Mentions
Nflx killed my winning streak; should have just kept up with my puts…. Oh well at least I have the UVIX to cover :)
My other highest conviction SHORT is Wingstop symbol WING…..shorting anywhere in the $370s or higher is a gift, it is a highly manipulated stock 100% institutional ownership- insane PE that is 3-5 times its peers- the make their revenue on franchise model, but valuation is nonsensical and the company is over 20 years old, over 2200 stores and the growth opportunity is not there, the bull story is a pipe dream and truly nonsense. There is very little opportunity to the upside but large oversized opportunity to the downside- I am short at $376, and haven’t covered yet- the stock usually sells off at earnings and I am hoping it pops because I will add to my short position every time it runs up. My other position that I make a killing on is trading the VIX - I use UVIX which is 2X leveraged play- I loaded the boats as it dropped under $10 and most of position was in the low $8s- I sold at $12 and change - I love trading the VIX when people get complacent it falls and then spook easily when a war or threat happens- could be covid or something that causes sentiment to shift quickly to the negative side. I usually wait for the talking heads at CNBC to tell me how great everything is and then I buy UVIX and dollar cost average in as it falls. It is an easy money maker if you sell the tips and buy the dips, but it is a trade and you must be paying attention and be insightful to recognize the pulse of the market. Sentiment trading is a true skill and takes time to develop but once you do it will be like printing money for your family.
UVIX June Calls Or DJT Puts
Someone explain UVIX to me like I’m 5 and regarded
As you can see, UVXY UVIX VXX and VIXM are all in backwardsation. If this stays current, you will gain money off of these and loose on SVXY SVIX and ZIVB
At the end of trading friday models started diverging and the first place we saw it was NMR. Its a few hundred data scientists that invariably see how well models are predicting the market and will get indicators that the models everyone uses are diverging in their consistency. Theres gonna be a load of easy money during am trading because of all the rebalancing thats going to happen between crypto and vix. BITO and EETH are gonna have to do some major cycling and thats gonna blip id down hard long enough for all the idiots here to pick up some easy gains. UVIX, VIXY.. They all need to cycle their futures.
I hope so, got UVIX puts for next week like a regard
VIX is to weed as UVIX is to coke. Tell your mom to do coke
How to use UVIX as an indicator?
VXX and UVIX are still very low. Look at the charts over time, buy shares, hold for correction. Also, buy the SPY dip. Hedge guys. You will make money.
# Second opinion is needed. ​ My long positions are as followed: * UVIX $9.5c 4/19 -- 2 contracts * UVIX $10c 4/19 -- 4 contracts * UVIX $13c 4/26. -- 2 contracts My short positions are as followed: * UVIX $10c 4/5 -- 6 contracts. Unfortunately, today's outrageously random volatility has now put my long positions into a ugly situation. Instinctively, I want to buy these short positions back first thing opening bell however, given that they expire tomorrow, they're 30 cents ITM, there's a part of me that wonders if I should hold off. Especially if we open up green tomorrow and this thing goes back to OTM. I almost find it hard to believe seeing us open red tomorrow, especially after how the market reacted to a stupid linkdln post that is clearly subjective however, it happened and at this point, I'm not sure what will happen. How would you do this? Should I Just buy those positions back first thing opening bell?
Why buy SPY puts when you could go full regard and buy UVIX calls?
There is a decay in products like UVIX. You are losing money when underlying futures contracts roll. There is always a split when UVIX price goes too low. That is why it seems like it appears to be so high. You are not getting "a deal" by buying at all time low.
I guess what i’m trying to get at that I’m still confused about, is why UVIX over VIX? Since you’re holding a 2026 contract, that’s such a long length of time that the leveraged aspect doesn’t really work how it should (i mean look how much worse off the UVIX chart is than VIX), leveraged funds just really aren’t designed to be held for longer term, are you trying to get out soon and just wanted a long dated contract in case?
For the Uvix do you have an exit strategy? Since it’s leveraged it naturally wants to decrease in value over time, (insert literally any prospectus from any leveraged fund here) is there any reason you chose UVIX over VIX?
Glad I loaded up on VXX and UVIX last month.
When the time feels right, I’m going to buy UVIX but you’ve gotta time it right. VXX might be a little safer. Either way, anything that inverses or practically inverses the market.
I think shorting the VIX directly might not be the most efficient short vol trade. You need an ETF with decay like UVXY/UVIX. The VIX follows more of a mean reversion where it has historical average prices, meaning it's not always positive EV. But take a look at the risk profile on a short UVXY trade (ITM put or ZEBRA spread) and historical price decay due to the roll yield being leveraged gives you a massive edge as long as your expiration is far out enough to handle any period of backwardation.
UVIX till Papa Powell talks
Loaded up on VXX and UVIX on Monday - let’s see what happens……
Obviously both 0 and infinity are hyperbole... but I think the logic stands that taking a long position in an inverse is safer in a black swan than shorting something like UVIX, no?
If you don't know.... you probably shouldn't be doing it. Shorting should collect premium. That's why SVIX is doing so good. It's $600 per contract but probably extra charges. If you have a good strategy and protection for shorting UVIX just keep doing it. That's one of the biggest scams there is in the market - conman money managers selling long vol protection to other idiot money managers. If I'm smart enough to figure that out that's really bad.
>Currently shorting UVIX as a long term position in ROTH How are you doing this in a Roth? Do you mean you have puts on UVIX?
I bought UVIX calls, NVDA calls, LCID puts, one RIVN call. Let's go bois.
* LCID puts * RIVN puts * UVIX calls Stay the fuck away from NVDA
100%. I'm buying UVIX calls instead.
Question - why not just buy volatility indexes? We all saying the whole market gonna go way up or down tomorrow. Why not buy UVIX calls?
I don't want to be a doomer but when I see what is happening in the world and how market react on them it's becoming obvious that some big thing can hit the fan. For example market expectations of cutting rates by FED are probably misspriced. Market started to look for what he want to see instead of what will probably see. Usually, the reaction of central banks comes after something big broke, not vice versa. Also whole market is positioned in a way, that yields of long tenor bonds will go down, but it's actually the opposite (mainly thanks to geopol. conflicts). Also concentration in MAG7 is biggest in history => if thing hits the fan, most of the institutions which are concetrated in them, will start to sell and they can sell big. Also Volatility is surpressed as never before If you think that XIV implosion was too much, I will probably dissapoint you. XIV was a vehicle which surpressed vol. only on the long end... Right now we have a SVIX and UVIX which surpressing vol. on the both ends and at the same time a big part of market are exposed into the short vol. trades (through structured products). It seems to me that we are ahead a very serious trouble what I do not want to happen, but It's not about what retail want right ? Again, I do not want to look like a doomer, but I can't help myself and I need to point out at thiese risks which are in really unique set.
I cashed out my UVIX shorts positions at 40 in October thinking it’ll go back up It went down down down and I missed out on $3,000 
UVIX is legit going to fall back to its pre-reverse-split price what a joke
I bought spy puts and UVIX calls. So the market will probably take this news in stride and march on to 500 by Tuesday afternoon.
My current play ideas: SVIX 38c expiring January 2026 Boeing 220c expiring April 2024 UVIX shorts (not options) NVDA leverage
Call on both AMD and UVIX
UVIX was wonderful until it wasn’t :(
I got spanked by VIXY (similar to UVIX) last year doing exactly what you were planning to do, thinking I couldn't go wrong. I'm happy to help a fellow volatility hobbiest avoid that sand trap. There's another calamity to look out for, which hasn't happened to me, but other traders tell stories about it. Happened in 2018 called volmageddon which caused the collapse of two VIX ETFs. Look that up while you're at it.
>SVIX will keep going up over time. It hit $40 last week, an all time high. VIX isn't hitting all time lows right now, it's just staying low. I think I understand -- correct me if I'm wrong: SVIX will continue to increase as volatility remains low however, once volatility increases, SVIX will decrease. If this understanding is correct, this is a nifty find -- something I wish I found several months ago. I would expect this to decrease though as we move throughout the year right? ​ >You said you looked up contango but maybe you didn't dig deep enough. Yep, used the link below and read up on what the terms meant however, how it specifically impacts options prices, that wasn't in there. So, I appreciate your patience with me. I think a calendar spread expiring May for VXX is a better option. On days with serious volatility happening, I'll go to UVIX and by calls.
With options you are better off with the non-leveraged product. The extra leverage is factored into the price of the options, so options the %OTM on UVIX will be more expensive. This may in some cases result in the same risk/reward profile for options on either but often will result in worse for UVIX options for a few reasons: if the underlying is volatile, which it often is, price UVIX will experience more decay, if the price of the underlying ends up at the same price on expiration you paid more for the options so you lose more when they expire worthless, and you also may have a worse fill on your order due to worse liquidity for UVIX options. Check out a website called options profit calculator. Enter the options you would buy that are equivalent risk/reward for your objective for both of them and compare. You would want to look at VXX call 10% OTM and UVIX calls 20% OTM and an amount that makes the total price as close to each other as possible and see how they compare. Also you should know that you are basing your trade off your prediction of VIX going up 10%, but VXX and UVIX track VIX futures, not VIX. If you want to trade directly off your prediction of VIX increasing 10% by March 1 then just buy calls on VIX itself. You can check out the options profit maximizer on the same site to figure out which specific options will give you the highest return if VIX if 10% higher by March 1st.
> Does contango impact the options the same way regardless of how far out they are? As far as I can tell, yes. But only when VIX is bottoming out. When there's tons of volatility in the market then it's not really a problem, you can trade the UVIX and SVIX like they are any other ETF.
Contango is the decay of UVIX over time due to low volatility. If VIX stays low, UVIX will keep dropping over time. SVIX will keep going up over time. It hit $40 last week, an all time high. VIX isn't hitting all time lows right now, it's just staying low. You said you looked up contango but maybe you didn't dig deep enough.
I'm a little confused. I'm considering buying UVIX calls which should mean I'm long -- unless I'm misunderstanding something? I'm expecting the underlying price for VIX to increase which for UVIX, would mean buying calls. For SVIX, it would be buying puts.
> This is just theta right? Theta decay in the options yes, which benefits you if you sell options, works against you if you buy them. But contango is decaying the underlying. Sort of the same way a dividend stock decays down by paying dividends but these dividends don't pay into the options. > For example, let's say I own the $13 UVIX calls expiring 1 March 2024 Yes, tomorrow, even next week that holds true. But if volatility stays low and never spikes, you're losing value against both theta decay AND contango. If you really want to play long term volatility you should just buy VIX options directly. There's no contango there, you just have to deal with VRO manipulation.
>If volatility stays low your underlying will decay downward making your calls worthless. This is just theta right? Or is there another element to this that comes from leveraged securities as such? For example, let's say I own the $13 UVIX calls expiring 1 March 2024. If VIX goes up 10% today and I decide to hold them going into tomorrow, my profit (minus theta from after-house and premarket) should remain the same assuming we open up at the same value we closed at right? In other words, even though this is leveraged, it should operate the same way as any other option would right?
Because if you sell naked puts against SVIX and take a long assignment then it will always eventually return to a state higher then what it was before, and you can sell covered calls against it to recoup your losses (if any). For the same with UVIX you'd have to maintain a short position which has more risk.
What difference does it make if I do UVIX vs SVIX? SVIX is inverse leveraged 1x and UVIX is 2x leveraged. So, if volatility goes up, calls should increase in value by twice as much as what the underlying (VIX) does. Why is SVIX the better choice here? Especially if for contracts expiring 1 March 2024?
>Contango Alright, I looked it up. If futures prices are trading above the spot price, it's contange. If it's trading below the spot price, it's backwardation. UVIX trades futures in order to provide the 2x return based on VIX's underlying price movement. So, how does this impact the value of my UVIX $13 call option expiring 1 March 2024 if VIX goes up 10% over the next 45 days?
The reverse split on UVIX has to be one of the dumbest fucking things ive ever seen, why did they even do this??? 1-10 and its not even double its presplit price anymore
I know, jeesus, I meant UVXY or fuckin UVIX? I can't remember which one is the short term VIX futures. You know what I meant.
Yeah, the biggest indicator is that the ATH in 2018 and the all time low of Jan 1st 2023 are nearly identical. In my opinion, besides USD / CHF & UVIX prices, the biggest indicator is 1 month best-of gain. From Jan 1st 2023 to Feb 1st, Bitcoin gained 25%. A lot of my Jan 2nd opening comes down to how well Bitcoin preforms in the next 30 hours.
The two most correlated indexes to Bitcoin, I believe (besides Ether or BITX) USD / CHF and UVIX. I don't know if a minor recession is coming in 2024, but USD just hit all time lows against the Swiss Franc, and Volatility is massively low right now. When Bitcoin took a nosedive at 10am EST Friday, UVIX spiked. This is to say, BTC is a hedge between Gold and BXY. It's much more leveraged than either- and you're right- much more volatile. Jan 16th VIX futures are $14.08 I'm going to watch BTC price chart, VIX futures, and USD / CHF for the next \~57 hours and either buy Puts or Calls on RIOT before Tuesday open.
I see these, but they don't seem to be pure VIX calls. Just ETNs and ETFs: VIXYProShares Vix Short Term Futures ETF VIXMProShares Vix Mid-Term Futures ETF UVIX2x Long Vix Futures ETF SVIX1x Short Vix Futures ETF UVXYProShares Ultra Vix Short Term ETF VXXiPath Series B S & P 500 Vix Short-Term Futures ETN SVXYProShares Short Vix Short Term ETF VXZiPath Series B S & P 50
UVXY and UVIX, some people also like VIXY and VIXM. But the problem is that they’re all designed to lose value due to volatility being mean-reverting and coming back down after every spike. So they may work for short-term plays when you think volatility will increase. Otherwise SVXY and SVIX usually win over long-term, being opposite to UVXY and UVIX.
Front month /vx 20% premium over spot and you think UVIX gonna jump into Santa rally? I got a bridge I’d like to sell u bud
Thanks. Here's my weekly shortlist : FLCH put ; ALT call ; SQQQ hold ; MARA call BITX call; ARDX call. My system for 0dte scalping is either for QQQ or SPY; it's very simple: wait at least 15 and no more than 45 minutes after market open and buy calls or puts no more than $2.00 away from current. If UVIX is high, the $2.00 away strike price works better; if UVIX is low or your crystal ball says today won't budge much, then place strike $1.00 away from current. Because \~70% of market volatility takes place before noon, you should know by noon whether to cut your losses, sell, or hold even longer, though I'm partial to selling around noon most times. Happy hunting.
If I were in your situation I would buy SQQQ tomorrow. Extreme greed is driving the market right now, and we passed all-time QQQ highs, and QQQ has been having \~1% growth every day for a few months. The best case, which you can't do, is to buy QQQ 0dte options and then buy calls on SQQQ the moment your crystal ball says the bear has come. But because you can't do it, the second best strategy is just to buy SQQQ right away. This is better in some ways, because now you don't have to predict the top. The week before Christmas is statistically low in volatility- and UVIX is pretty low right now. But the new year often opens with a bang, so the end may be near!
Why would one buy/not buy UVIX shares?
no love for UVIX? I mean, if you want to gamble...
Steps in order: Buy scarce assets of your choosing depending on views/needs. Short DPST [zion, bankcorp] - 3x multiplier. Take your money out of banks. Buy in the money calls of gold and silver mining companies or royalty companies with high subsurface reserves. They will be of vital importance to the gov. Once the recession is in full effect, and gold/silver sky rocket, sell mining companies due to "gov risk." Hedge inflation with assets with your new $$$. [People will be selling used cars, but anything with utility will hedge inflation]. Go Short VIX as the central bank quells recession with money printing. The UVIX is made to fall in value as it has a 2x multiplier of the VIX on 1:10x leverage options, making 1 contract 20x. Buy up assets as people sell and the. Sell after inflation peaks. Many variables, but if these steps play out, you're going to be wealthy.
Puts in UVIX. UVIX moves 2x FRONT MONTH VIX. Front month VIX rolls over at the end of third Tuesday every month. If you dig through my posts I have a super lengthy post explaining all this.
Come on man $UVIX, get 2 times leverage. 1.5 is mildly regarded!
Loosely speaking you're paying a 5% tax crossing the bid/ask spread both sides, at penny increments. Of course you're maker side, but... that's not much of a difference if you're doing plain limit orders. So you need a 5% edge on the market to break even. Or do they trade at 5 cent increments? That makes it even worse. UVIX decays over time, so you can't just sell atm covered calls and expect to get your money back someday.
big oof lol. good luck, prepare your Wendy's application. UVIX in your 401k. lfmao
My 401k has been full port UVIX at 37. Otherwise I play it safe with long dated puts and short dated calls
My UVIX short position went from -$300 to +$100 today 
I SOLD MY UVIX SHORTS AT THE BOTTOM 
How does UVIX compare to UVXY?
I wanted to short UVIX before open but my funds haven’t settled when I needed 2k into the account 
Next time, go $UVIX/$SVIX if you want better gains. Congratulations on your win, and good luck in the future!
UVIX and UVXY are such a fucking joke 
Feeling piggy on these UVIX and UVXY shorts. I’ll cover tomorrow and re-enter by writing naked calls.
are these UVIX2 calls ever going to be worth more than fucking 0, am i screwed?
no, decay is based on multiple factors including the volatility futures term structure, leverage decay of UVIX, and roll yield but price per share will not impact decay at all. I will however say that I've found better risk to reward profiles for trades after the reverse split.
UVIX 1 to 10 reverse stock split
I bought UVIX 20$ call 11/17 in august just in case let’s see VIX at 70 next week
I swear I thought about buying UVIX last week
Did you go long UVIX and make money?
This sub is good for memes, and fucking around. You don't have to go balls deep in 0DTE to get leverage. Take a step back, and look for other investment, I have been swing trading UVIX, is still risky, but it won't expire eod. Or DPST I had a couple good trades just for some examples. Do your own DD.
When is the next UVIX pump coming?
When is the next UVIX pump coming?
Just keep buying way out of the money UVIX calls 3 months out and pray?
Buy some UVIX to not loose rn