JDA1 on ProShares Ultra VIX Short-Term Fut ETF (UVXY) until Nov 30, 2012

 
JDA1 on ProShares Ultra VIX Short-Term Fut ETF (UVXY) until Nov 30, 2012
May 22, 2012
Views:227

Day Traders, if you want a way to play this volatile market do to economic concerns and Eurozone issues I suggest day tradiing UVXY. It has wonderful volitality. The key is to not buy many shares because of the volitality. You only need about 80-100 shares to trade effectively and the ability to purchase another 80-100 shares as a hedge if your timing is off and get caught in a down trend. It is pretty easy to make money on UVXY.

This trade idea is the opinion of it's author, and does not necessarily represent TheStreetHub. This is the opinion of its author, and does not necessarily represent BestStock.
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JDA1 recommends buying UVXY
To a target price of 18.0000
This idea expired Nov 30, 2012
 
 
UVXY
6.11
0.00
(0.00%)
ProShares Trust U (PCX)
Range6.07 - 6.35Previous6.11
52 week5.62 - 240.90Open6.30
Volume21020780Mrk Cap
5/24/2013 4:00pm
 
 
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