A 5-1 reverse split is scheduled to occur in UVXY on 1/12/17. In a nutshell, this messes with options positions (see Post below) ... .
However, it can also be an opportunity to get into a short UVXY "Contango Drift" play. I'll do a separate post shortly ... .
However, it can also be an opportunity to get into a short UVXY "Contango Drift" play. I'll do a separate post shortly ... .
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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.