What Will Happen to ProShares Trust Ultra VIX Short Term Futures ETF Next? The Stock Just Had Huge Bearish Options Activity

 What Will Happen to ProShares Trust Ultra VIX Short Term Futures ETF Next? The Stock Just Had Huge Bearish Options Activity

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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