🔴 Leveraged Volatility ETF (UVIX) is trading 2% down in after-hours trading amid lower volatility expectations

UVIX is trading at $40.94, -2.01%, as lower volatility expectations pressure its leveraged long-VIX-futures exposure.

• The VIX was around 15.5, while the S&P 500, Nasdaq Composite, and Dow Jones Industrial Average finished higher, signaling limited immediate demand for protection.
• Sticky July PCE inflation and NVIDIA’s post-close earnings introduced event risk, but neither produced a sustained volatility surge by the available update.
• The upcoming Jackson Hole symposium remains an overnight risk for August 27.