Old dog is getting a bit annoyed. The geopolitical situation is heating up, and $UVXY is still in a slow bleed, down -4.9% over the last 24 hours, just lying dead at 28.4.
The market is betting that the conflict will remain manageable; the real crisis hasn't hit yet, which creates the biggest contrarian opportunity. With volatility stagnant, it shows retail traders are still sleeping, and the whales are waiting for a spark.
I placed a 500 USD long position at 28.4, with a hard stop loss set at 28.4. If it closes below, I'm cutting it immediately, no charting nonsense.

Trade tag: #TradFi #链上美股 #UVXY

What’s your take on UVXY being influenced by policy?