As is shown on the chart below, UVXY has generated a Buy Signal in its hourly trend model. It is the precarious structure of the equity markets that adds urgency to this signal. That exponential spike in volatility (VXX and UVXY) will begin with one of these short-term Buys, we just don't know which one. I own the Dec 17th $16C and am doubling up on it with this signal. Lot's of time (30 days) still to go to expiration and I may double up again on the way up. Short-Term Buy: UVXY (16.00) Option: Dec 27th $16C (2.10)
