Thursday, January 16, 2025

A short seller's tale

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:


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