Traders Purchase Large Volume of Call Options on 2x Long VIX Futures ETF (BATS:UVIX)

2x Long VIX Futures ETF (BATS:UVIX) saw some unusual options trading on Thursday. Stock traders acquired 45,890 call options on the stock. This is an increase of approximately 32% compared to the typical daily volume of 34,824 call options.

Institutional Trading of 2x Long VIX Futures ETF

An institutional investor recently bought a new position in 2x Long VIX Futures ETF stock. Flow Traders U.S. LLC purchased a new stake in 2x Long VIX Futures ETF (BATS:UVIX) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 69,147 shares of the company’s stock, valued at approximately $326,000. Flow Traders U.S. LLC owned 1.05% of 2x Long VIX Futures ETF as of its most recent SEC filing.

2x Long VIX Futures ETF Stock Up 20.8 %

Shares of UVIX traded up $0.71 during trading hours on Thursday, hitting $4.13. 63,763,868 shares of the stock were exchanged. The business’s fifty day simple moving average is $4.15 and its 200-day simple moving average is $5.14.

2x Long VIX Futures ETF Company Profile

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.