Recent content by voltrade

Thanks for your input. If it is not too much, can you pls alert when it is time to buy? As you can see, it is a ride of a lifetime!! UVXY dropped $250 to $7 in last 9 months, this will happen again... just we don't know when???

Thanks for your quick response. I must admit i do not completely understand roll over and contango effect. From a layman's perspective, if you buy and hold/wait (maybe 2 or 5 years) for VIX to touch 40, then I thought UVXY (currently @ $7.xx) and VXX (current @ $20.xx) will quadruple? I may have...

Hello, I am considering to buy UVXY for my 401k portfolio? Currently it is $7 - $8 range, last august it was $250. I am looking forward for vol pop where vix will go to 30 in the next 2 years? Any advise on this is appreciated? Any gotcha's i need to be aware of? Best - Vol Trader