Stock Traders Buy High Volume of 2x Long VIX Futures ETF Call Options (BATS:UVIX)

2x Long VIX Futures ETF (BATS:UVIX) was the recipient of some unusual options trading on Friday. Stock investors purchased 54,556 call options on the stock. This represents an increase of approximately 40% compared to the average daily volume of 38,845 call options.

2x Long VIX Futures ETF Price Performance

UVIX stock opened at $3.90 on Friday. The stock has a fifty day moving average of $3.53 and a 200 day moving average of $4.85.

Institutional Investors Weigh In On 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 acquired a new position in 2x Long VIX Futures ETF (BATS:UVIX) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 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 filing with the Securities & Exchange Commission.

About 2x Long VIX Futures ETF

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.