UVXY has stayed above 17.25 for the past four days (see Nov 23 PRO Update) and is now trying to break above this week's $22.82 high. If it closes above $23 today I want to be fully loaded with UVXY Dec 17th calls going into Monday. NOTE: With UVXY trading at $22.75, the Jan 21st $75C is trading over 3.00. In other words, the UVXY options are pricing in an exponential "crash-up" in volatility over the next six weeks. This is nuts. New Fibonacci Extension Price Projections UVXY $22.75 = +9.5% Dec 17th Expiration UVXY $25C 3.70 = +33% UVXY $30C 2.90 = +30% UVXY $35C 2.25 = +28%
