Wow I can't believe this product is even legal. I feel guilty for profits EVERY single short trade. hehe
Wes-you still short Apple? Thinking about adding to my position but hate going against your trades (Sometimes i get burned when i do!)
Why did the Fed let this product go from 19 to 60 in 2011? That's the big question. I wonder if the Fed holds millions or even billions of shares short in this product.
The controls on volatility had not been administered yet. Now that "curbs" are in you will NEVER see 300% moves, I thiunk they have maybe brought this occurrence down to 200% moves at most.