uvxy is not something you wanna hold. its down A LOT from the high (about $2,050) cuz of how many times its reverse split over the years.
uvxy also went up over 1000 percent (500% more than the vix) when markets crashed in march 2020.
longing volatility via uvxy can be very profitable during the next market crash, which i think will be soon.
uvxy also went up over 1000 percent (500% more than the vix) when markets crashed in march 2020.
longing volatility via uvxy can be very profitable during the next market crash, which i think will be soon.