If You Like UVXY – You’ll Love These Two New Tickers
Dear Profit Takeover reader,
Holy bananas, am I excited about these new VIX ETF products to trade volatility…
UVIX is a 2x or double long version of VIX futures –
Futures are generally very volatile – and you know I love trading volatility because of how much profit potential it carries.
SVIX is the -1x or inverse of VIX –
These products coul be incredible opportunities to trade volatility and volume.
I have been tracking them since they opened…
UVIX and SVIX both traded about 300,000 shares in the first couple of days –
And once options are open for a while, I may start to play UVIX.
Check out this video where I explain the two newest volatility trading products I am THRILLED to try…
If you like trading volatility with UVXY, UVIX and SVIX could be two more tickers to add to your watchlist.
Trading volatility has been one of the most lucrative ways to play the market since January…
Volatility has been the MOST active in oil and energy names this quarter and traders have had the option to make bank.
These are some energy trades taken from the Profit Revolution portfolio since the start of the year…
If you want to see some EXPLOSIVE earnings pops…
I’ll be guiding traders in the Profit Revolution through earnings – particularly in the oil and energy sectors.
Join us right here if you want to be a part of the action.
Or CLICK HERE to find out more.
Until next time,
Mark Sebastian
Founder, Profit Takeover
VIX LIGHT
Today my VIX indicators are bright…
RED.
This means I expect volatility to stabilize or drop.
VIX is recovering somewhat after getting demolished yesterday – now at $20.51…
Image from Yahoo Finance
The $17 puts for April 20 seem too cheap at $0.05.
And VXX is still trading at a massive premium – now at… $25.25.
Image from wallstreet.io
WEEKLY SCHEDULE (ET)
Wednesday 4/6: 10:30 am – 11:30 am Profit Takeover
Thursday 4/7: 11:00 – 11:30 am Foundations of Trading Preview
Friday 4/8: 9:30 am – 10:00 am Profit Takeover
TODAY’S WATCHLIST
These are today’s top-watched stocks with cheap options:
- Energy Select Sector SPDR Fund (NYSEARCA:XLE)
XLE was up this morning but gave up a couple dollars… XLE is now at $76.67….
Image from wallstreet.io
We could see a run back up to $80 over the next few days.
I will keep watching XLE for a move higher.
- AMC Entertainment Holdings Inc (NYSE:AMC)
AMC is down again – now at $21.44…
Image from wallstreet.io
I think we could see AMC head below $20.
- Citigroup Inc (NYSE:C)
C looks incredibly weak heading into earnings next week – now at $51.68…
Image from wallstreet.io
C might be heading below $50 soon.
Comments
April 05 2022
Leave a Reply