Uvix stock price a sustained uvix stock price above $15

A sustained uvix stock price above $15 could draw more attention from quantitative volatility strategies. Stat-arb models often integrate UVIX in pairs trades with other leveraged ETFs for mean reversion plays. GDXU is a leveraged equity fund that provides 3x exposure to an index comprised of two of the largest gold miners’ ETFs, viz VanEck Gold Miners ETF ( GDX ) and VanEck Junior Gold Miners ETF ( GDXJ ), that invest in the global gold mining industry. GDXU returned over ~21% last week amid Fed rate cut buzz and positive US jobs data. Moreover, mining stocks can magnify price movements of the yellow metal for gold investors. One of the best options for long leverage on the VIX is the 2x Long VIX Futures ETF BATS: UVIX . Investments in funds targeting the VIX are already inherently risky , given the use of futures contracts and the unpredictability of the VIX itself; adding 2x leverage into the mix makes this a highly risky option for only those with a particularly high tolerance.