Jan. 29 at 9:34 PM
Pro tip : the upper and lower bounds implied by the
$SPY options market is how you know when to scale into
$UVXY and when to take profits. Do not play this ticker until you figure that out. Stop thinking this is about VIX - it is not. The VIX only matters when it does not stabilize near those bounds. When VIX cools off as
$SPY approaches the lower bound, the odds of a bounce are 90%. That's also when people who know what TF they're doing load up on
$SVIX for a little extra cash to buy shiny things for their byches. 🍻
