$UVXY $VIX still an uptrend in volatility products
these channels on $UVXY have been trending really nicely. shorted some on the break of first channel around 60 and covered last part around 48. bought some December puts last week, which wasn't really smart when i look at the chart now. hoping this will play out in to double top
Kommentar:
VIX fell apart and markets had a massive turnaround as soon as UVXY broke down from uptrending channel. Puts position paid nicely although closed too early...