As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.
Trade Alert - (UVXY)- TAKE PROFITS
Sell the ProShares Ultra VIX Short-Term Futures ETF (UVXY) at $10.62 or best
Closing Trade
5-12-2015
Portfolio weighting: 10%
Number of Shares = 1,037 shares
A 10.2% profit in one day totally works for me.
Overnight, the Volatility Index (VIX) has popped from the bottom to the top of its one-month trading range, FROM 13% TO 15.12%.
I?m just in this for the easy money. I?m here to date positions, not marry them. So I?m taking profits on the ProShares Ultra VIX Short-Term Futures ETF (UVXY) at $10.62.
Among all securities, the (UVXY) favors one night stands, and punishes those who are long term holders. More on that later.
Here is the specific trade you need to execute this position:
SELL 1,037 (UVXY) shares at?????$10.62
Profit: $10.62 - $9.64 = $0.98
($0.98 X 1,037) = $1,016.26, or 1.02% for the notional $100,000 model trading portfolio
