It seems that this never goes up? It goes down like 9 times out of 10 and the one time up doesn't make back hardly any of the losses.
I am hoping to explain it to you by closing. ;) It is a day trading product that can be astounding. I would NEVER advise anyone to EVER buy it but it does have 5% of the time that can be mind-blowing.
You just never know when it will happen.....like the ball bouncing around the wheel....bouncey bouncey bouncey....
Vix futures contracts expire next week (2/12) and huge contango
So what does that mean?