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ShankThatSnitch t1_j2f8yir wrote

Reply to comment by [deleted] in US Stock Options Smash Record - The number of traded contracts surpassed the 10-billion mark in 2022 or the first time ever by Ok_Significance_4008

That is because UVXY and VXX are leveraged ETFs and are designed to bleed out. They will always trend down over time. Look at the actual VIX, which is elevated above usual levels.

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