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$2x Long VIX Futures ETF (UVIX.US)$ Will be re entering a ne...
$2x Long VIX Futures ETF (UVIX.US)$ Will be re entering a new position here , I locked profits but wasn't expecting Semi conductor's to bounce today 🤣🤣
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I'm only 17 years old, I love stocks .. I might be wrong but I always win in the long run 😁...
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ECsnap : Are you watching or have you already re entered?
105313439 : Best to take this now
Nidia_Girl OP ECsnap : I have already entered below 4 , but I'm prepared in case we drop below 4.50
Nidia_Girl OP 105313439 : yes I've dipped in already
Cantom : No, don’t do that when the VIX future is in backwardation.
104876179 Cantom : Mm..What do you mean?
Cantom 104876179 : VIX futures are usually in strong contango, which is why shorting VIX futures is a great rolling strategy. However, when VIX futures are in backwardation, it indicates that the VIX is currently excessively high. I think $SIMPLIFY VOLATILITY PREMIUM ETF (SVOL.US)$ might help you grasp the idea![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Nidia_Girl OP Cantom : I'm only scalping this , im not holding long
Cantom Nidia_Girl OP : That’s all good if that works for you. I usually buy spx call options when this happens for much higher profits, which actually returned +700% in a few days…
Nidia_Girl OP Cantom : I never saw you before tomato man , Thank you for that insight .. I hedge in spy also
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