$ProShares Ultra VIX Short-Term Futures ETF(UVXY)$ Buying volatility for protection of portfolio in case something happens over the weekend.
Kindly note these VIX ETFs are not suited to long term holding typically, so this will be used as a short term hedge and I likely close out beginning of next week.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
