Those who remember my X.com posts every Friday tagged #UVXYEOWMetrics, I’ve been running a simple strategy to take advantage of the random walk and mean reversion that is a feature of UVXY.
https://uvxy.pro/end-of-week-metrics/
While this currently only for margin accounts, I will work to see is there’s a viable modification for IRA accounts.
Opening orders is mechanical based on the previous day’s closing price and offer a very high ROI and profit probability. At about 8% TROC with each open, this strategy can return 100% using a constant allocation size and triggered 12x per year.