UVXY Trade Management

The UVXY position is now about 1 point in the green ($1 per share).

Originally the initial target was the lower end of the Bollinger bands (20/20) on a 10 min chart.

Being UVXY just broke below the lower bands it's now in an extreme, you want to watch it carefully and perhaps even consider taking partial profits or some type of phased exit. You can also move your stop to break even as well.

I'm going to be checking on the rest of the market so I won't be able to pay as close attention.