At key pivotSupport possible here at $14.45/$$14.55. Prior covered my short 12,100 shares and took small Uvxy trade below $15.60 and day low so far $15.51. DAY LOW. ALERT focus on low range support.
i have rebought over 16000 shares $15.56 to $15.64.
About spread, possible run late day up 8% to 10% off a day low. The 10% puts HVU in nice position for a week high that I think is possible Friday.
Risk management on broad market should come in to play a we close out week ahead of US Fed Reserve meeting.
Yikes $15.56 day low, should see my target to build a long at $14.45. Maybe lower, maybe not. Will now go big as reality dictates. Back to 30,000 shares long for Friday is my plan. Cheers Manx