Why UVXY could be the only bargain left on the street
With Bubble mania infesting every nook and cranny of these markets its time to think bigger picture about where we head next . UVXY atr 9 mth lows with indices commodites and bitcoin at highs may be a very atrractive propsition. Continued FED bubble mania and chances are good Calls will continue to present gamma issues for dealers and constrain vol dowside from here.
Any alteration from the FED at this stage would surpise the bubbliciousness and upset the apple cart -possibly severely . VIX could easily surpass March highs of 80 given unprecedented system leverage .
GLTA Looking to get bigger as we go lower . Maybe VIX hits 15-18. Maybe today is the all time low . We will see But the assymetry here is perhaps the most interesting to me out there .