The worst decision
$ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ The worst decision I've ever made in my life was to gamble on UVXY, which has nothing to do with any index. Cut it, won't touch it again.
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Samur : This is related to the Greed Fear Index, that is, bullish and bearish options in the general market. Now the market is greedy, so the VIX index is falling. It was only when the Black Swan incident occurred that caused fear. Most of the purchases were hedged by bearish options, and then the VIX index rose.
Samur : Now that interest rate hikes are almost over, there is no hard landing for the economy. The US recently raised its debt ceiling again, the worst days for semiconductors are over, and the semiconductor sector continues to strengthen. It's been over a year since the Russia-Ukraine war, and the impact on the global economy has been adapted. The crisis in the US banking sector has come to an end. China and the US can't fight again; what more Black Swan incident can there be? Should I be aware of what I am buying when I buy UVXY? If you think the market will fall, just buy a bearish market option.
Fat Veg 7890 : I thought I saw UVXY at a few bucks last week. How come now 18 ish?