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How Is This VIX ETP Hitting New Lows?!
The Option Pit VIX Traffic Light is Red: Volatility Is Likely to Drop. Hey Traders, The VIX sold off again on Tuesday. But if you were not paying attention you would have missed what happened in ProShares Ultra VIX Short Term Futures ETF (Ticker: UVXY). UVXY hit a new all-time low on Tuesday … But how can this happen when…
VIX Expiration Has a Chance to Snowball
Hey Influence Traders, I hope that everyone had a good weekend. The ink is still wet on the COVID relief bill and DC is already talking about more #PowerMoves. Fun Stat of the Week As of this writing, Bitcoin (Ticker: BTC) was at $56,300 per coin. At that level, BTC is now more expensive than 1,000 grams — an entire…
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