XIV bid is $14.34 after hours who's buying Nobody that's who.
Plain and simple I am shorting at $14.15 but I doubt anyone is going long XIV now. VIX at 13 I have plenty of time. I will short more at $14.90 but the odds are against it until a big pullback on the DOW and bounceback. or another VIX drop.
hey wat, who's your broker, i have scottrade, and they never have any SPY/XIV to short when you need, like right now they'll let you borrow UVXY to short, but what idiot shorts UVXY at all time lows going into a w/e, with the S&P at 4 year highs? i totally H$$E scottrade, they are a BS, budget operation, theres a reason there trades are $7. they get rebates from knight capital for feeding them customers. thats where they make a lot of there $. i feel next week we start to pull back. this low volume rally is getting long in the tooth. this action looks exactly like the 1 day in april,2012, before we put in the top, even had someone say apple goes to 900$ today, in april it was apple going to 1000$. JMO and G/L.