About CloseWay too early to speculate on forward intra day volatility. So two directions but let senario of positive prevail. On a close of $10.60 or post market to there I expect a gap up in AM of 4%. If, and just an if, we move HVU up 12% same on UVXY I expect a gap on Friday AM of 7% at open positive. This can truely run high on Friday.
Often said markets can be soft in summer. This year has hallmarks of that occurring. Thus upside of 50% is realistic, huge overshoots are possible on HVU.
Pure speculation is our trade at this point, and see as sending got back to first price entry $10.20 UVXY. So we are stable. Will be an interesting run to the close.
GLTA Vix-ons Manx