In today’s session ProShares Trust Ultra VIX Short Term Futures ETF (UVXY) recorded an unusually high (2,076) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious UVXY decrease. With 2,076 contracts traded and 48444 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: UVXY170120P00010000 closed last at: $0.78 or 11.4% down. ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) has declined 80.92% since April 5, 2016 and is downtrending. It has underperformed by 82.87% the S&P500.
More notable recent ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) news were published by: Marketwatch.com which released: “ProShares Ultra VIX Short-Term Futures ETF” on October 06, 2011, also Investorplace.com with their article: “iPath S&P 500 VIX Short Term Futures TM ETN (VXX): Dump This Spike” published on June 14, 2016, Schaeffersresearch.com published: “A $61M Trade on One of the Worst Products Ever Created” on March 25, 2015. More interesting news about ProShares Trust Ultra VIX Short Term Futures ETF (NYSEARCA:UVXY) were released by: Schaeffersresearch.com and their article: “UVXY Put Buyers Brace for a Quick Volatility Retreat” published on September 13, 2016 as well as Businesswire.com‘s news article titled: “ProShares Announces ETF Share Splits” with publication date: July 01, 2016.
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