Poll winners are those who answered "less than two weeks." Who wants to step forward, identify yourself, and claim your prize?
It's two days less than two weeks later and UVXY has today touched a low of 17.53. May that turn to 7.53 before we have time to think about it. In the meantime, let's celebrate.
Yesterday I posted on Twitter (I refuse to call it X) a poll regarding UVXY. Whosoever is wondering what this weird acronym, abbreviation, or unpronounceable word refers to, check this link.
As you can see, most people are voting for a date of February 18th and a good additional percent of the voters are saying March 4th. So far no one is predicting a date later than that and no one is predicting "never." We'll check back and report on which prognosticators won.
follow me on Twitter: @grapeswhiz
Not necessarily insightful or packed with analysis, but a factual record. Short positions taken on January 6th and 7th went bad immediately but sitting on hands produced a favorable outcome.
Positions started at $19.20 and $19.40 on UVXY.
Soon ran up to 24.59 (even higher in the extended trading hours).
Back to 18.91 as of this writing, January 16th. This puts the position, in aggregate, at 1.97% ahead.
My nights, in the interim:
follow me on Twitter: @grapeswhiz
You thought I was done, you though I was finished
You thought the grapestrades shine had diminished
But I'll be back this calendar year
I am indeed and for sure, still here
follow me on Twitter: @grapeswhiz
