🟢 Trading--Miscellaneous ETF (UVXY) is trading 3.07% up in pre-market after hotter-than-expected September CPI

UVXY is trading at $17.14, up +3.07% in pre-market as hotter-than-expected September CPI reignited rate-policy concerns.

• September CPI rose 3.7% year over year, above the 3.6% forecast; the BLS reported a 0.6% monthly increase.
• Overnight, Asian equities sold off sharply and Nasdaq futures weakened, extending risk aversion after the inflation surprise and contributing to prior-session volatility.
• UVXY seeks 1.5x daily exposure to a short-term VIX futures index, so rising volatility expectations likely support its pre-market gain.