Seeking Alpha

  ProShares Ultra VIX Short-Term Futures ETF - NYSEARCA

11/23/2014, 9:54 AM ET
  • jason2713 | Send Message 9 Jan 2013

    $UVXY melt down in a bit over an hour. Hysterical.
    Reply (3)
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    • Bret Kenwell | Send Message 9 Jan 2013
      : wonder how low it will push the VIX..
    • jason2713 | Send Message 9 Jan 2013
      : $UVXY is real volatile. It almost takes perfect timing to make money. I'm down a fat $50. I hardly ever buy this thing for this reason.
      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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      Country: United States
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