What’s the catch with UVXY? I am new to investing and made some money on it but I bought/sold it within a couple days. Couldn’t you essentially buy a lot and hold onto it until the market is doing poorly and cash in on it? What am I missing here?

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It naturally loses value because it is derived from futures based products and tries to achieve a leveraged return.

For that reason alone, you should avoid until you fully understand, but its not meant to be held more than a few days at most.

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Decay

Can you short the ultras? Ultimately it goes to zero on a long enough time frame lol

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Both were equal.
Ab pura August daal-chawal khaake!

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Hi team ,

I have started working from jul2019 and I have filed my tax return for 2020 and 2021 tax years.


However I note that there was withholding of some amount in 2017-2018 and 2019 tax years ( withholding from comission received from insurance commission from lic and United india)

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Is it possible to file return for 2017 , 2018, 2019( all r in refund) now without paying any penalty?

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