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UVXY
  ProShares Ultra VIX Short-Term Futures ETF - NYSEARCA

10/2/2014, 9:54 AM ET
  • Perkins Cove | Send Message 17 Aug 2012

    UVXY @ 5.00 is still not a safe level, given contango. While VIX may level off @ 15, the undertow from contango is strong. Right Josh K...?
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    • Perkins Cove | Send Message 17 Aug 2012
      : I understand det9. Good luck.
    • BTD70 | Send Message 17 Aug 2012
      : Started nibbling @ $5.
      UVXY vs. ETF Alternatives
      UVXY Description
      This Ultra ProShares ETF seeks a return that is 2x the return of an index or other benchmark (target) for a single day, as measured from one NAV calculation to the next. Due to the compounding of daily returns, ProShares' returns over periods other than one day will likely differ in amount and possibly direction from the target return for the same period. Investors should monitor their holdings consistent with their strategies, as frequently as daily.
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