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UVXY

ProShares Ultra VIX Short-Term Futures ETF

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Price

$14.225

$-0.17 (-1.15%) Today

Mentions (24Hr)

16

-44.83% Today

Volume

$37M

Avg Volume

$69M

Market Cap

$

52 Week High

$38.74

52 Week Low

$11.16

Day High

$14.44

Day Low

$14.05

Previous Close

$14.79

7 Days Mentions

150

Reddit Posts

6-24-22 SPY Weekly TA

We are going back in time. Today is going to be just like 09/19/2008. I was thinking we were 10/01/2008, which may still be the case. Either way, mark July 15. That's the first fall. The jackpot range of UVXY should be last till September. Loss post before winning. Hop on this choo choo train.

UVXY calls go burrr soon I hope

We are going back in time. Today is going to be just like 09/19/2008. I was thinking we were 10/01/2008, which may still be the case. Either way, mark July 15. That's the first fall. The jackpot range of UVXY should be last till September. Post before winning. Hop on this choo choo train

r/optionsSee Post

UVXY calls and July 1st.

6-23-22 SPY Daily TA

My Plan for Intergenerational Wealth : UVXY ---> SVXY ---> SPY ---> Real Estate

UVXY sitting around $15. Why is everyone so worried about market crash? Shouldn’t UVXY price signal low volatility

r/wallstreetbetsSee Post

The great collapse has been in planning for years and today it will officially begin the volatility spiral

r/wallstreetbetsSee Post

Yet another technical analysis of the bear market and the new capitulation trend

6-21-22 SPY Daily Ta

r/wallstreetbetsSee Post

Technical analysis of bear market and capitulation trend

UVXY vs. VIX Options

The Federal Reserve is looking at the wrong data!

r/wallstreetbetsSee Post

57.7k YTD gains

r/wallstreetbetsSee Post

57.7k YTD gains

Quadruple Witching Event Tomorrow

After losing everything on BBBY calls and shares on margin, I started the road to recovery yesterday with purchasing spy puts, sold for a handsome gain today and will enter again with an hour to close today along with a few UVXY calls. Also shout out to everyone who doubted the spy put play. bozos💀

r/wallstreetbetsSee Post

57.7k Gains YTD as a 19 Year Old

r/wallstreetbetsSee Post

19 Year Old; 57.7k profits YTD

r/wallstreetbetsSee Post

6-13-22 SPY Daily TA (and FOMC anticipation)

r/smallstreetbetsSee Post

Got my portfolio insurance. $UVXY calls and $YANG calls

r/StockMarketSee Post

Great article on ways average investors can hedge their portfolios - UVXY printed Friday and today for me

r/wallstreetbetsSee Post

UVXY Gains - 87% gain, one day. Proof Inside

r/wallstreetbetsSee Post

I'm SVXY and I know it

r/wallstreetbetsSee Post

39k-->96k at 19 years old

Inflation: What to Expect and How to Defend Yourself $TBT , $UVXY

r/wallstreetbetsSee Post

What if... we're fucked?

r/wallstreetbetsSee Post

Market/Meme summer insanity coming. UVXY explained

r/wallstreetbetsSee Post

Market/Meme summer insanity is coming. UVXY explained

r/wallstreetbetsSee Post

Something Has Happened? On the minute an hour before AF hours close and before market holiday monday. Decoupling? Finally releasing the inverse correlation between Betcorn and UVXY tick by tick?

r/wallstreetbetsSee Post

Where is the volatility? This chart shows SPY compared to UVXY in purple and a -3x SPY etf that shall not be named. Every other time spy has had a decent drop like this year volatility has skyrocketed. Can someone please explain to me why I have lost money betting on VIX this year?

r/wallstreetbetsSee Post

UVXY Will Crater Friday, 5/20/2022

r/wallstreetbetsSee Post

How does $UVXY work? As I get it, it always tracks VIX Index. But VIX maximum is 100. Also, why $UVXY is constantly falling? For example in 5 yrs it felt from 2600$ to 14$. Someone, please explain.

r/investingSee Post

VIX ETFs (experiences and advice)

r/wallstreetbetsSee Post

UVXY calls? Am I retarded?

r/wallstreetbetsSee Post

Buying UVXY calls is not the same as SPY puts

r/stocksSee Post

Not a dip for DJIA and GRWG and all other retail stocks

r/wallstreetbetsSee Post

Thoughts on the UVIX and the SVIX??

r/wallstreetbetsSee Post

$SPY - Predictions for the week of 5/9

r/wallstreetbetsSee Post

You know something's happening when your leveraged volatility index is volatile

r/stocksSee Post

T.i.n.a has left the party...summer survival guide

r/optionsSee Post

Options Screeners by 5Greeks Explained: CSP, Volatility and Fireball Screeners

r/wallstreetbetsSee Post

All in on UBER pre earnings- 3x gains on UVXY rolled into Uber calls

r/wallstreetbetsSee Post

Buying UVXY Puts Can Make You A Millionaire (Potentially Billionaire)

r/wallstreetbetsSee Post

This may be what the F happened yesterday. We are living in an algorithm world.

r/wallstreetbetsSee Post

We can either be pulling the rug or standing on it. It's time retail squeeze the Fed to explode volatility.

r/optionsSee Post

UVXY Swing trading

r/stocksSee Post

Using SQQQ and UVXY as a hedge

r/stocksSee Post

Posting, again, about how to actually make money in this volatile market

r/wallstreetbetsSee Post

How a rogue VIX spike last week predicted the current market turmoil. Update

r/wallstreetbetsSee Post

Bear 🐻 Market continues

r/wallstreetbetsSee Post

UVXY Bulltard

r/wallstreetbetsSee Post

Can anyone explain what makes UVXY go up or down in simple retard terms?

r/wallstreetbetsSee Post

UVXY Triple Bottom

r/wallstreetbetsSee Post

i fuckin love faggy D's. UVXY calls

r/wallstreetbetsSee Post

i fuckin love faggy D's. UVXY calls

r/wallstreetbetsSee Post

UVXY puts FDs

r/optionsSee Post

Emotions during trading

r/wallstreetbetsSee Post

degenerate UVXY play

r/wallstreetbetsSee Post

US markets are highly likely to experience a major volatility increase in the next two trading days. Based on past data from these VIX leakage corrections that and when they occur. UVXY YOLO -

r/smallstreetbetsSee Post

Put my last 2k on peleton puts on Monday, tripled my money and put all 6k on UVXY calls. Just sold. I'm scared to buy anything now because I have been down for ao long. the 28k BP is margin to my 14k cash

r/wallstreetbetsSee Post

UVXY :drakeno: UVIX :drakeyes: UVXY is BACK!

r/optionsSee Post

Anyone backrest here?

r/ShortsqueezeSee Post

The market will be bearish. All in UVXY.

r/wallstreetbetsSee Post

UVIX and SVIX a tale of two YOLOs

r/stocksSee Post

Investing in oil, gold and other things for the storm to come once China COVID lockdowns end

r/wallstreetbetsOGsSee Post

XIV rises from the ashes and is reborn as SVIX

r/wallstreetbetsSee Post

$SPY - Predictions for the week of 3/28

r/wallstreetbetsOGsSee Post

I don’t even know what UVXY is

r/wallstreetbetsSee Post

I don’t even know what UVXY is

r/WallStreetbetsELITESee Post

↘🦧🥵📉 Let's Be 'Crystal' Clear: The stock market is now continuing its historic crash. Here's why $UVXY could be the best move. 📉 🥵🦧↘

r/wallstreetbetsSee Post

When you try to be a Contrarian Investor and Fail at Life...

r/wallstreetbetsSee Post

WtF? Calls on $UVXY is bacc

r/wallstreetbetsSee Post

$SPY - Predictions for the week of 3/14

r/StockMarketSee Post

Morning Update for Friday, 3/11/22

r/optionsSee Post

Anyone else been enjoying buy-writes on UVXY?

r/wallstreetbetsSee Post

$SPY - Predictions for the week of 3/7

r/optionsSee Post

View on UVXY?

r/StockMarketSee Post

Time to short UVXY? How do you think about this strategy?

r/stocksSee Post

Where do we put our money (USD) when it deflates a large amount.

r/wallstreetbetsSee Post

My puts got analed today. but its okay.. Strong resistance at 438 on SPY

r/stocksSee Post

Why not short leveraged ETF's? What am I missing?

r/ShortsqueezeSee Post

Time for UVXY?

r/wallstreetbetsSee Post

I’m confused

r/wallstreetbetsSee Post

$SPY - Predictions for the week of 2/21

r/wallstreetbetsSee Post

How to achieve super saiyan lvl 4 🐻 status

r/wallstreetbetsSee Post

Serious question - why does VIXY / UVXY correlate to $SPY going down only and not actual volatility (as in, erratic movement, up AND down)?

r/ShortsqueezeSee Post

UVXY , when all market crash they up

r/wallstreetbetsSee Post

$216,000 Gain....or Can Someone Help With Taxes?

r/wallstreetbetsSee Post

60% Return in 30 Days

r/ShortsqueezeSee Post

UVXY

r/wallstreetbetsSee Post

I became a 🏳️‍🌈🐻 for a week (Part 1)

r/pennystocksSee Post

In case of a market crash play both sides. $UVXY could explode next week. During Covid and the last war look how high it ran.

r/ShortsqueezeSee Post

In case of a market crash play both sides. $UVXY could explode next week. During Covid and the last war look at it.

r/ShortsqueezeSee Post

Good play for squeeze this week ?

Mentions

False. QT hasn't began just look at Fed's balance sheet live data. The Fed's balance sheet has grown the first 3 weeks of June. There is not QT going on at the moment, it is a complete lie. The Fed's money printer is still on and it will pay retail invetors to hold UVXY puts.

Mentions:#UVXY

False. QT hasn't began just look at Fed's balance sheet live data. The Fed's balance sheet has grown the first 3 weeks of June. There is not QT going on at the moment, it is a complete lie. The Fed's money printer is still on and it will pay retail invetors to hold UVXY puts.

Mentions:#UVXY

False. QT hasn't began just look at Fed's balance sheet live data. The Fed's balance sheet has grown the first 3 weeks of June. There is not QT going on at the moment, it is a complete lie. The Fed's money printer is still on and it will pay retail invetors to hold UVXY puts.

Mentions:#UVXY

Personally I'm loading UVIX, its an even more leveraged UVXY

Mentions:#UVIX#UVXY

WRONG - UVXY only goes down - it is a 3X declining fund - it slowly devalues - just check out a 5 Or 10 year chart - they keep reverse splitting - it occasionally spikes when the market gets spooked ***** *[wut?](https://www.reddit.com/r/WutbotPosts/)* | *[source](https://reddit.com/r/wallstreetbets/comments/mps7si/why_i_am_buying_uvxy_box_spreads/gubouuz/)*

Mentions:#UVXY

I been saying it for weeks, market maker algos will pay retail invesotrs to hold UVXY puts.

Mentions:#UVXY

UVXY puts will print. They have been the most profitable trade lately.

Mentions:#UVXY

No but UVXY will go to $0. UVXY puts have proven the most viable option lately.

Mentions:#UVXY

UVXY puts are the new money printer, simple enough.

Mentions:#UVXY

All in on UVXY $35c expiring end of july

Mentions:#UVXY

0DTE Calls on the UVXY, in like July or august when the American economy implodes and 2008 starts again ![img](emote|t5_2th52|4271)

Mentions:#UVXY

UVXY put holders since last week.

Mentions:#UVXY

i made around 60% trading over the last 2 weeks. very simply done and i plan on continuing it. the base case is that the market will move sideways this year - exception being russia war ending which will drive a temporary hard pump up in stocks and crash in oil. so i hold some shorts by buying OILD - its very difficult to trade and super volatile, but somehow ive been able to time it. also i made a lot by buying calls on days the market gets really screwed, and i buy short etfs like TECS and FAZ and UVXY and a couple others when market goes up. i also bet on SOXS and SOXL. its very hard to buy opposite direction of a market, for example when a stock goes down 5% two days in a row its scary to buy it. so i just buy 2024 calls on it, and when it goes down 5% more the next day, i buy more calls. of course, this is for stocks like AAPL and GM and ones that i feel are going to move sideways. i also dont mind being stuck with 2024 AAPL calls when its around 130-140$. my worst case scenario is waiting it out. its also hard to buy shorts when market is pumping, but i keep my hypothesis that its a sideways market and do it. usually, having a mix of shorts and longs bought at opposite of when the market has really crashed or gone up a lot, is better than having only one direction in the portfolio. that way i can keep taking profits no matter which way the market goes. this only works if my hypothesis is correct, that market will go sideways this year. also, remember to follow the war closely because you want to have those oil shorts or long calls in your portfolio when a sudden ceasefire is announced, but it may not happen for a year or it may in the next week. when the war gets imbalanced, as in one side is winning, theres more chance of ceasefire talks - the other side might capitulate and negotiate.

I’m just gonna reload whenever mine expire worthless. I have Sept If we do see a parabolic rise, I’ll switch to UVXY puts in a range of 6 months to 1 year out. Hoping we see UVXY 150 at which point I’ll do like 75p 6 months out and 50 1 year out.

Mentions:#UVXY

I doubt it. There's no reason to see continuation of this rally. But the market is highly regarded so who really knows. I'm swinging SU 9/16 40c and UVXY 7/15 15c over the weekend.

Mentions:#SU#UVXY

UVXY to $20 on Monday guaranteed

Mentions:#UVXY

I've never seen anything as fake or 🌈 as this week's oversold bounce. Half size position in UVXY 7/15 15c.

Mentions:#UVXY

UVXY rallied into the close while the market pushed higher. This is a good sign going into next week. I think most investors/traders are underestimating the social unrest coming after today’s supreme court ruling. This not a political post just my observation

Mentions:#UVXY

What was your play on UVXY? The last 6 months have been one of the better times in history to be long vol.

Mentions:#UVXY

SPY and UVXY mooning together. Very cool. Very legal.

Mentions:#SPY#UVXY

UVXY counter trending. People are buying insurance

Mentions:#UVXY

I got UVXY but for October for good measure. just in case there's fuckery. And we know there will be.

Mentions:#UVXY

Everyone needs to stay the f away from UVXY lol idk anyone whos made anything with it

Mentions:#UVXY

Great day to buy SQQQ and UVXY. This shit is heading back to 10k on Nasdaq

Mentions:#SQQQ#UVXY

After reading the disclosure on UVXY, did you guys know Barclay's can change the leverage at any time? Fuck that shit I'm just buying ITM VIX calls.

Mentions:#UVXY

I hope you finally learned about how contango/forwardation works with UVXY I assume.

Mentions:#UVXY

I have GOOG 2100 7/1 puts SPY Aug 369 puts UVXY Calls Vix Calls And a mix of stupid SPY 295-35 puts for late July - Aug Bless this hedge daddy? 🥹

Wrong way to play UVXY....never buy calls as they are always trending downward.

Mentions:#UVXY

UVXY stand proud and strong, my 3 contracts which are now worth abt $300 will be enough to feed me for months until I find a new job

Mentions:#UVXY

By news do you mean the June 29 GDP data? I’m in on this play at 7.30/contract with $5k. Gonna go less than 1/10 since I have SPY puts that are down rn. …I hope we circuit breaker down eventually. I have some fun UVXY calls just in case :)

Mentions:#SPY#UVXY

Maybe time to buy calls on UVXY after the Roe v. Wade decision. Im expecting more civil unrest, rioting and looting coming to a theater near you soon!!

Mentions:#UVXY

In solidarity, I will by some UVXY contracts. ✊️

Mentions:#UVXY

HEY RETARD! YEAH YOU!!! My individual account is invested in UVIX not UVXY, please suck my entire cock and go back to special ed.

Mentions:#UVIX#UVXY

Current positions: 42x 17c UVXY exp. 6/24/22, 1x 23.5c $UVXY exp. 7/1/22, 2x 175c GLD exp. 6/30/22. Wish me luck

Mentions:#UVXY#GLD

I’m holding a long call on UVXY in case of a potential spike

Mentions:#UVXY

The economy simply can’t sustain an asset market at these levels. Valuations *must* come down in order for the world to heal. And yes I have SPY puts and UVXY calls. What of it?

Mentions:#SPY#UVXY

Playing UVXY options is Uber stressful. A true rollercoaster ride

Mentions:#UVXY

There are a lot, this is over 3 years. I’ll put a comprehensive list together a bit later. Mostly a mix of UVXY, WSB top picks, meme stocks I held positions for too long and yeah all options. Biggest issue was I couldn’t ever hold a position longer than a couple days. If you could define Robinhoods target audience, its me.

Mentions:#UVXY

Options only so straight gambling. Started off as a gay bear, UVXY was the go to. Went in and out of various top WSB picks over the last couple years. Tried timing meme stocks which I always held too long.

Mentions:#UVXY

Cash gang bear waiting for an entry point. Let’s get that UVXY a little cheaper now.

Mentions:#UVXY

Makes sense but timing is very uncertain. Sometimes vol. contracts like a national earnings report, and sometimes it triggers a multi-day slide. I assume you wouldn’t be in a position of holding a naked short call on UVXY after the closer dated option expires — too risky for me. (Maybe you’re talking about a put diagonal?)

Mentions:#UVXY

Is the symbol UVXY?

Mentions:#UVXY

I have them for September in case of any parabolic run. Today is wild. My SPY 369p is down 50% good lord I’m just gonna hold and avg down UVXY calls

Mentions:#SPY#UVXY

Holding until Monday I guess, just put another 4k in UVXY and 10k in sqqq, I’m going into retirement money lol

Mentions:#UVXY

So buy UVXY calls? I have some, could avg down

Mentions:#UVXY

VIX futures are down probably was a lot of options trading on that spike also caused vix to spike UVXY behaved like you would expect though

Mentions:#UVXY

Remember when the strat was if VIX gets below 20 get UVXY, now if it’s below 30, stock up on cheap volatility calls

Mentions:#UVXY

As a bear, I kind of want a catastrophic bear extinction event to reload UVXY for cheap

Mentions:#UVXY

Phase 1: doomed to fail. UVXY designed to go to zero. Good luck

Mentions:#UVXY

Ouch. UVXY is designed to go to zero. Should be selling these calls instead

Mentions:#UVXY

I gamble on UVXY calls often and sometimes puts once VIX gets over 30. I like to buy 2-4 weeks out, close or ATM. They work best fir me as I swing trade on SPY and I'm usually in and out very quickly. But for those times when I bet wrong I have an extra few weeks to see if things turn in my favor. Don't be afraid to take profits. I cannot tell you the amount of times I didn't sell at +75% only to watch them go to zero. The +500% winners do happen, but they are rare so don't get greedy like me. Because they are rebalanced daily, UVXY naturally goes down over time. In times of low market volatility or when VIX is high I actually like ATM puts.

Mentions:#UVXY#SPY

UVXY to $20 by EOD confirmed

Mentions:#UVXY

Yeah I guess you could say I'm a permabull. I'm long UVXY.

Mentions:#UVXY

"Will do, although I don't know what this decay you are talking about is." This confirms what I told you above - you don't know how UVXY works, and you are about to lose your shirt. "I've been holding since January and I'm very green." In the screenshot, your one account shows current price for UVXY $18+ and cost basis $15.43....right now UVXY is under $15, not $18+, so you are losing in this account. In your other account you show current price for UVXY $15+ and your cost basis is $13.8 so you are about to lose money here as well, as UVXY is already under $15. After seeing this, I think that while you did your DD, you already started losing, but you invested so much time in your WSB DD, that you decided to finish it even with stale quotes. You are already a loser, bruh.

Mentions:#UVXY

The theta is half the concern. Contango is the issue with UVXY LEAPS

Mentions:#UVXY

I think people are very bullish, UVXY!

Mentions:#UVXY

Will do, although I don't know what this decay you are talking about is. I've been holding since January and I'm very green. But sure, pretend that UVXY ONLY goes down. There is an obvious storm brewing in the volatility markets, and this stagnation is the perfect accumulation opportunity. We'll see how this turns out.![img](emote|t5_2th52|4267)

Mentions:#UVXY

Post the lost porn after it all decays away on UVXY

Mentions:#UVXY

Oh, so not much decay. So if I make 100k from this play I could first put into UVXY leap puts, the parabolic spikes usually last 6 weeks Then throw those profits into TQQQ leaps. This would be the trifecta play goddamn! 😂 I just need that parabola now lol

Mentions:#UVXY#TQQQ

Please start out with SPY up over one percent and UVXY in the upper 13s. I’m cash gang and I want to buy my SPY puts and UVXY calls nice and cheap.

Mentions:#SPY#UVXY

My primary issue is not knowing when UVXY splits and timing decay for options strats

Mentions:#UVXY

Stay away from any leveraged ETF products for anything other than short term trading. Do your Google (or insert search engine of choice) about leveraged ETF products. Won't beat my own chest of knowledge here. UVXY is your weak link in the thesis. May want to look into CBOE VIX futures and options instead. Even VXX would be better as that one is not leveraged to my recollection. You'll pay way too much in option premium to buy UVXY option that far out. You're shooting yourself in the foot right off the bat and hoping it heals quickly. The best thing to happen here for you is that the world falls apart as soon as possible after you initiate your trade and you escape UVXY position unscathed. Good luck regardless. Hope I don't have to say "I told you so." later.

I have a similar plan, I project second phase to start next week assuming tomorrow we close red. I have 3 UVXY september calls for $30 strike I plan on selling them once UVXY. I got them for 1k and they around over 80% right now but I believe. Only difference between us is that one, I have little less money probably, two I plan on shorting UVXY with whatever I make off of it. It should fall down as fast as it rose and if I buy fat enough out I’m practically guaranteed free money. I’m trying to 5x my intial capital on both the way up and 5x on way down. Hoping to make off with at least 10-20k. Ideally 100k+ if UVXY shoots up above $100

Mentions:#UVXY

,Dude UVXY will eat your money away, it is by design going to zero. By puts instead if you expect crash

Mentions:#UVXY

Waiting for UVXY to collapse... oh wait UVXY puts already printing!

Mentions:#UVXY

Multi-week index rally and UVXY collapse confirmed. Market maker algos now pay retail investors to hold UVXY puts!

Mentions:#UVXY

From my past trading experience, I had more success with VIX itself than UVXY. If you believe equity markets is going lower, why not just buy the VIX CALL LEAPS?

Mentions:#UVXY

The one thing that only goes down is UVXY. Market maker algos now pay retail investors to hold UVXY puts!.

Mentions:#UVXY

Dumb. UVXY only goes down just zoom out. Market maker algorithms pay retail investors to hold UVXY puts now. Dont go long SVXY, short UVXY.

Mentions:#UVXY#SVXY

That’s what I did with my TSLA puts since they were expiring next day, cost me an extra $3k I could have made. I usually take initial investment as profit once I’m above 100%, but given UVXY track record with me and the fact they were expiring the following week I decided to hold for that “massive” return ![img](emote|t5_2th52|4271)

Mentions:#TSLA#UVXY

Isn’t there a lot of decay on those TQQQ leaps & shares? Would it be better to just buy QQQ leaps because we’re talking 6 figures here IF this whole UVXY parabolic run ends up working.

So you’re basically 99% confident we get the parabolic UVXY run one of these days? ‘18 - ‘20 - ‘22 The hard part for you sounds like a good problem to have. You’ll be in mucho profit at that point 😂![img](emote|t5_2th52|4276)

Mentions:#UVXY

So we’re basically doing the same thing but I’m going for UVXY leap calls Once it hits like $100-$150, I’m going for UVXY leap puts. Generational wealth here we come! But we need a sudden, fast capitulation first. And that’s the hard part since J Pow is navigating a soft landing 🙄

Mentions:#UVXY

Don't listen to this person unless you actually pay attention to this shit and know what the products are. "They" (the biggest monies) can and do "short the vix" and "short the short vix" just to ... take our money. Gains are possible for retail; but in my opinion I just got lucky. I would never attribute it to something I actually did and timed correctly lol Besides, with a strategy like this it seems like the average person would have to DCA 1 share (depending how much money they have to gamble) on certain key days in certain key "seasons". Besides, the UVXY is due to split? Within a month? Fractional shares will be sold off (potential loss, but I guess people who have money have more money to lose?--what a strange economy from when I grew up on the original paper food stamps)

Mentions:#UVXY

I’m buying calls in UVXY rn. I’ll switch to puts once we have the spike. So you’re doing shares in UVXY then you’ll do shares in SVXY?

Mentions:#UVXY#SVXY

i’m officially all in on UVXY shares

Mentions:#UVXY

Here’s some context to “justify” my stupidity… On 04/20 I bought 102 contracts of UVXY $13 calls EXP 04/29 for $0.39 which I sold for $0.91 on 04/21. In the next following days the price of these contracts only rose and peaked at $5.4. Face ripper. 😩 I recently bought 112 contracts of UVXY $15.5 calls EXP 06/17 for an average of $0.65 which I rode up and down and finally sold for $0.75 on 6/10. In the next day it rose to $2.00 and in the following days the price of these contracts peaked at $2.80. Face ripper. 😩 So at this point I thought I had learned my lesson right? I did learn a lesson which is the market will ALWAYS hand your butt to you. I sell it moons, I hold it goes to zero. These UVXY $16 calls EXP 06/24 I picked up for $0.60 tripled overnight and I figured it was just the beginning based on past experience. Plus I was feeling extra ballsy having profited $9k off TSLA puts swing. $3k -> $9k -> Wendy’s value meal. I belong here. ✊

Double down on UVXY

Mentions:#UVXY

Do not listen to any dickheads telling you about contango with UVXY. Look at a 4-6 month chart, this is perhaps the only time you can go long on volatility. Some moron is always coming in trying to yell about degradation - they can get fucked

Mentions:#UVXY

You don't seem to appreciate the mechanics involved in UVXY, unfortunately.

Mentions:#UVXY

In the last three months UVXY has had no trouble hitting $18 multiple times after lows. Volitily is in our favor. I got dicked hard like many, but learned from my mistakes. I've been able to support myself, not panic, and sustain a level between all my portfolios that makes me proud. We got this ✊️

Mentions:#UVXY

"Phase 1: Accumulation (UVXY)-- Currently, I am in phase one of my plan: buying as many shares of leveraged volatility products as possible" Bruh, think harder about Phase 1, because your plan to own the universe depends on it. UVXY has and will always lose 99.99% of its value....slowly bleeds to death and then it keeps reverse splitting.

Mentions:#UVXY

Safer bet, ignore phase 1, start with SVXY at the spike. Timing UVXY would be difficult and if it takes months could be a decent size loss. But if it does spike, coming down is almost guaranteed.

Mentions:#SVXY#UVXY

All in! I have 150k gambling between cfvi,UVXY,and sqqq

Mentions:#UVXY

Carmax puts, UVXY and UUP shares, all other positions drastically reduced.

Mentions:#UVXY#UUP

Obviously you should be buying short-dated way OTM strikes on VXX or UVXY. Only way you'll get that sweet sweet 3 bagger you need to get right again. You can do it!

Mentions: