$UVXY $UVIX $VIX ok I know “you’re not supposed to chart the VIX” or things like UVXY but hear me out for a minute… this is a very bullish looking chart and if VIX blows up as the market shuffles on the FOMC fallout… this can fly. Holding: $10.5c $11C $12C UVXY expiring this week; $11 UVIX expiring next week. (10% of account). Reloaded these 5 min before JPOW stopped talking. How high we go = how short folks were heading into this FOMC, and I suspect there were a ton of folks short vol.
5
5 Likes