uvix stock price fluctuates rapidly due to its 2x leverage to VIX futures, making it a pure expression of short-term fear. Traders remain cautious about holding UVIX overnight given possible gap risks. Taking an altogether different tack are short VIX products. The $291 million ProShares Short VIX Short-Term Futures ETF (SVXY) and the $178 million VS Trust -1x Short VIX Futures ETF (SVIX) capitalize on the same futures curve dynamics that hurt their long-VIX counterparts. New alert of UVIX....recent spikes yesterday, area of consolidation and nicely set-up.
We'll see, but seems very compelling! The latest uvix stock price is showing heightened volatility, reflecting traders’ reaction to shifts in market sentiment and treasury yields. Analysts are eyeing $14.80 as a near-term pivot point, with potential swings exceeding 10% intraday. This leveraged volatility ETF often mirrors spikes in VIX futures, making it a tactical tool for short-term positioning.
