karennma
8,057 posts
msg #156798
- Ignore karennma |
5/13/2021 1:20:23 PM
@ miketranz
Re: "long gone?
Okay, so, you didn't have a position ... U were just posting a comment.
Sorry my mistake. I misunderstood Cheese's comment.
(Cheese: congrats on your UVXY call !)
Mark my words - Proshares will REVERSE split UVXY.
It never fails.
They're notorious for doing so during volatile markets.
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davesaint86
725 posts
msg #156799
- Ignore davesaint86
modified |
5/13/2021 3:32:56 PM
https://www.youtube.com/watch?v=p45ijmdsmn4
https://www.youtube.com/watch?v=e7J2g7htVJE
https://www.youtube.com/watch?v=kUexzpA9auY
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miketranz
961 posts
msg #156800
- Ignore miketranz |
5/13/2021 5:35:58 PM
karennma:No problem,but just to clarify,I bought on close Tues/sold on close Weds/plus day traded 3 round trips on Weds also.It was a busy day.Best,Miketranz...
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karennma
8,057 posts
msg #156801
- Ignore karennma |
5/13/2021 7:17:37 PM
@ miketranz,
Kewl ....
As long as it worked out on the + side.
Congrats.
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karennma
8,057 posts
msg #156802
- Ignore karennma |
5/13/2021 7:18:52 PM
@ davesaint,
Re: "Buy & Hold Short Volatility Does Not Work - VXX, UVXY, TVIX"
=======================================
Exactly my point.
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miketranz
961 posts
msg #156804
- Ignore miketranz |
5/13/2021 9:57:54 PM
The u-tube clips are interesting.His stats are accurate.I've been day trading UVXY for the past 6 months and would highly recommend against holding it for any length of time.The path of least resistance is down.The only logical reason for holding it would be as a hedge against a natural disaster or a panic in the markets.A pure crap shoot...
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davesaint86
725 posts
msg #156806
- Ignore davesaint86 |
5/14/2021 1:22:32 PM
UVXY reverse split is supposed to occur around May 25/26 timeframe.
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karennma
8,057 posts
msg #156820
- Ignore karennma |
5/16/2021 6:44:39 PM
Reverse Splits – Phase 2
All reverse splits for Phase 2 will be effective prior to market open on May 26, 2021, when the funds will begin trading at their post-split price.
Ticker
ProShares ETF
UVXY
ProShares Ultra VIX Short-Term Futures ETF
1:10
1:10? Not 1:20 ?
ROFLMAO!
Perfect! Right on time.
Totally predictable.
Blah, blah, blah ... never fails.
NO surprise.
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SFMc01
358 posts
msg #156840
- Ignore SFMc01 |
5/20/2021 11:18:02 AM
Does anyone know if Kevin is "on" any website/chatroom where he might be posting?
Steve
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shillllihs
6,044 posts
msg #156843
- Ignore shillllihs |
5/20/2021 1:47:44 PM
I may be wrong but I did see some guy named Kevin doing a webcam on Chaturbate.
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