With the Market conditions and COVID I think it's time to get into this trade. There is plenty of volume today and the stock is up $1.82 at lunch time today. Normally $UVXY does not go up a couple dollars like the $VIX. Please note: Support is at $24.66 it is at $24.95 now. This is not investing advice, this stock has a great deal of Volatility, please do not spend money you can't afford to lose.
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Be careful this Stock will get shorted by Wall Street and the Hedge Funds. That is why I said it has a lot of volatility. Hang tough!