Largest Negative Opening Gaps for UVXY

How does UVXY usually behave after a large gap-down move?

Using the 12 largest gap-down moves over the last 3 years in UVXY stock, the average move was -11.9% with the single largest opening gap of -18.6% occurring on 7-Aug-2024. The following day, UVXY stock price averaged -3.9% losses, with down moves exceeding up moves. The stock was down 75% of the time in that period one day after these significant gaps.

Open-to-High and Open-to-Low

The largest percentage gain from the open to the high of the day was +54.2% on 8-Apr-2025, while the biggest drop from the open to the low was -32.0% on 6-Aug-2024. On average, the UVXY stock price gain from the opening price to the highest point of the day was +12.5%, and the average drop to the lowest point was -6.6%.

Day Drift Open-to-Close

The best performance in UVXY stock price from opening price to closing price (referred to as the "drift" for the day) was on 8-Apr-2025 for a +38.2% gain after the stock gapped down -13.2% at the open. The worst worst return from the opening price to the closing price was on 6-Aug-2024 when the stock lost -13.9% after the stock gapped down -16.8%. Overall in the 12 available observations, the stock drifted higher 50% of the time for an average gain of +3.5%.