Nov. 25 at 5:28 PM
$UVIX I'm a lifelong software engineer so I'm naturally technical and analytical by profession and in trading. Here are some Year to Date (YTD) key metrics that may help short-term UVIX scalpers (in both directions).
Out of 225 YTD trading days, UVIX averaged 10.5% daily volatility between the LOD to HOD (or vice versa) and...
■ 83 days had >= 10%
■ 17 days had >= 20%
■ 5 days had >= 30%
■ 4 days had >= 40%
■ 4 days had >= 50%
■ 3 days had >= 60%
The problem is UVIX fell -91% in the last 52 weeks, so investing in UVIX for many months and waiting for that 50+% pop in a day is high risk game.
Of course, UVIX can spike multiple days, but that's rare.
The best risk/reward probability is intraday scalping in either direction. The average % difference between the LOD and HOD is 10.5%, so it's probably pretty safe to go for 5% daily scalping on average.
Here are your top 20 UVIX % LOD to HOD days.
$UVXY $SVIX $SVXY $SPY
