Yo Pit Crazies,

I did a little webinar on the big opportunity with UVIX coming up after the split. If you missed it, check out the info here.  This is the best opportunity for this product since January.

Just another day and just another 20% intraday range for the 2X VIX futures ETF (Ticker: UVIX). That is up 10% and down 10% for all those scoring at home.  This was a big subject for me on Wednesday Night.  UVIX needs to be traded, because it is a knife that cuts both ways.

1 day UVIX chart with 1 min candles

How do you trade it and what makes it move?

The UVIX Melt is Coming

At 11 a.m. ET I am going to reveal the trade I like for UVIX.  If you watched the webinar a big part of how UVIX trades is tried to the VIX futures. As a matter of fact, that is how UVIX will trade.  There is some compounding in the makeup of the product but future write the tune, and the compounding plays it.

Right now the VIX futures are starting to drop big time on the short end of the curve as VIX cash drops. J-Pow sang his tune as the bond market sings its tune. We are now at two week lows in VIX.

WHAT TO DO, WHAT TO DO?

Tune in to the Trading Desk, Thursday 11am  to find out what is in store for UVIX.