How Contango Crushes UVXY

Contango is undoubtedly the prime factor in determining UVXY’s price path, but there are many misconceptions about[…]

UVXY Decay Factors

The downward history of UVXY can be attributed to three main factors; using a benchmark derived from[…]

How High can UVXY Go?

How many times have you seen a trader predict that UVXY will go to $100, $500, or[…]

The Weekend Effect

Knowing the theta decay and other market measures look at every day of the week including weekends,[…]

Option Expiration Schedule

UVXY has weekly, monthly, and LEAPS options released on the following schedule New option expirations are added[…]

ETPs – ETF vs ETN

First a little glossary; ETP stands for Exchange Traded Product which usually refers to anything that can[…]

Correlation to SPX

VIX and therefore UVXY are inversely correlated to SPX movements, but correlation is rarely perfect. The historical[…]

Share Splits

Most ETPs along with many equities will perform splits to keep the trading price in a range[…]

Calculating UVXY’s Price

Unlike most underlyings, UVXY’s price is derived from the price changes in VIX futures (/VX). This is[…]

Chart Watching for Relationships

On my live screen I always have the following charts up: UVXY, /ES, VIX, /VX M1, and[…]