UVXY Speculative Long ( Buy Low Sell High)
UVXYMy UVXY is that fear and volatility will rise after the Powell speech
from Jackson Hole WY tomorrow. Accordingly, I expect UVXY
to reverse its current downtrend while the S & P and NASDAQ
slowly rise
Accordingly, I will buy the $9.50 strike call options expiring
September 2nd now priced at 35 cents er each or $35.00 for
one contract. I expect a good profit targeting Monday the
29th to close the position.
Trade active
UVXY doing well including my calls for 9/16- fear and volatility are the rocket fuel.
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.
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.