Uvxy Stock Message Board (2024)

FAQs

How long should you hold UVXY? ›

Due to the compounding of daily returns, holding periods of greater than one day can result in returns that are significantly different than the target return and ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period.

Prediction based on Rule 16 of the current ProShares contract. Based on the Rule 16, the options market is currently suggesting that ProShares Ultra VIX will have an average daily up or down price movement of about 8.29% per day over the life of the 2024-07-26 option contract.

UVXY 20-day moving average is 22.64, which suggests UVXY is a Buy. What is UVXY's 50-day moving average? UVXY's 50-day moving average is 24.35, which suggests UVXY is a Sell.

UVXY Max Pain

The Max Pain for UVXY options expiring on Jul 26, 2024 (1 days) is $25.00.

While the Fund has a daily investment objective, you may hold Fund shares for longer than one day if you believe it is consistent with your goals and risk tolerance. For any holding period other than a day, your return may be higher or lower than the Daily Target. These differences may be significant.

UVXY is leveraged at 1.5x, which means that it will produce returns that are 1.5 times that of the underlying index. For example, if the VIX Short-Term Futures Index gains 20%, UVXY will gain 30%. Of course, this works both ways. If the underlying drops 20%, UVXY will drop 30%.

Partly because of the market's erratic path, and partly because of the leverage it employs, the UVXY fund is showing a loss for the year so far, in addition to for July. The most recent came as the fund collected its biggest monthly inflow since February 2021.

UVIX seeks investment results, before fees and expenses, that correspond to twice the daily percentage moves of the LONGVOL Index*. For example, if LONGVOL goes up 10% in one day, the goal for UVIX is to go up 20% that day. UVIX differs from existing and previous VIX-linked ETFs in at least two important ways.

Date: 04/11/2024

As a result of the reverse stock split, each UVXY Share will be converted into the right to receive 0.2 (New) ProShares Ultra VIX Short-Term Futures ETF Shares. The reverse stock split will become effective before the market open on April 11, 2024.

Largest shareholders include RQEAX - RESQ Dynamic Allocation Fund RESQ Dynamic Allocation Class A Shares, RQIAX - RESQ Strategic Income Fund Class A Shares, IMC-Chicago, LLC, DPLTX - BNY Mellon High Yield Fund Class A, Dreyfus High Yield Strategies Fund, BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc., SJS ...

Does UVXY pay dividends? ›

UVXY does not currently pay dividends. How many shares outstanding does UVXY have?

VXX - Volatility Comparison. ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a higher volatility of 23.77% compared to iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) at 16.26%. This indicates that UVXY's price experiences larger fluctuations and is considered to be riskier than VXX based on this measure.

Given the current short-term trend, the ETF is expected to fall -30.63% during the next 3 months and, with a 90% probability hold a price between $13.87 and $17.64 at the end of this 3-month period.

Latest After-Hours Trades ->

Investors may trade in the Pre-Market (4:00-9:30 a.m. ET) and the After Hours Market (4:00-8:00 p.m. ET). Participation from Market Makers and ECNs is strictly voluntary and as a result, these sessions may offer less liquidity and inferior prices.

For those who believe that the Nasdaq will spike in the short run, TQQQ may be a better option since it provides leverage. However, because of the structure of leveraged ETFs, the recommended holding period is from intraday to only a few days. Moreover, if the index drops, the TQQQ will lose 3x as much as the QQQ.

The daily rebalancing of leveraged and inverse ETFs creates a situation that for periods longer than a day or two the return of a leveraged or inverse ETF will deviate from the margin account benchmark.

The SQQQ is meant to be held intraday and is not a long-term investment, where expenses and decay will quickly eat into returns.

Holding an ETF for longer than a year may get you a more favorable capital gains tax rate when you sell your investment.