And then tell me I don't know what I'm talking about!
I have made over $120,000 now shorting this crap!
I have lost $25K going long.
So I think it's fair to say I've been spot on so all you morons who think I'm arrogant, so be it. I've been right. Longs have been wrong.
Speeter, would you please help me to understand what ^TVIX-NV and ^TVIX-IV represent?
I can't find an explanation as to what they are or how their associated figures or "values" are derived.
Of course they're associated with "TVIX", but I don't know what is the relationship.
^TVIX-IV is simply the value of TVIX based upon current holdings -i.e. what would be returned to owners if it could be liquidated immediately. Perhaps it could loosely be considered like book value of a company. Of course the difference is that the market value of a company is expected to differ from its book value due to potential earnings, buyout, or failure, and so on.
You didn't make anything shorting TVIX.
There haven't been any available shares to short for a long time.
You're not fooling anyone here.
You're just another blowhard, wannabe.
your call yesterday was pretty dang accurate. I am no expert just a fellow trader, i have read a few of your posts and you seem to know yoru stuff, so here is a ? from one trader to anouther
I have been in VXX, TVIX and UVXY for the past 2 weeks, with bad results, (NOTE I DO USE STOPS AND THE MONEY I TRADE IS PLAY MONEY) i was luckly enought to bail out of TVIX this morning before the big drop and moved that money into UVXY for a trade that i would like for it to go to 30. I know TVIX is a ETN and has a large premium and VXX is in deep contango due to the futres contracts, so whats your take on UVXY? I have stops set at 16.00 and sell limit at 30.00
I traded things around the VIX for a while and have never experianced something like this before.
so in your thoughts where do you think UVXY is headed?
That's strange, I just entered in a short sell order with Scottrade for 1200 shares. "Your day limit order to sell short 1200 shares of TVIX, limit price of $12.50, for acct xxxxxxxxx has been received. Reference number xxxxxxxxxxx"
Shut your pie hole dumbschit.