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iPath S&P 500 VIX ST Futures ETN Message Board

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  • diabeticinvestor diabeticinvestor Jun 19, 2011 8:07 AM Flag

    Will VXX go to 30 by July 16?

    If GDP comes in this week lower than expected vxx could see $30. Don't listen to anyone that says "no" because they are the same idiots that were running around this board screaming "vxx will NEVER see $24 again". The % move from 25.25-30 is much smaller than the % move from 21-25. Contango is and will continue collapsing as more an more puts get bought for protection. You could see vxx move up even if the market moves up in backwardation.

 
VXX
18.95-1.15(-5.72%)10:06 AMEDT