on april 18th, uvxy closed at 8.56, k3-17.19, m3-17.46. flash forward to may 3rd: 6.08, 14.25, 15.25. so, uvxy down 41% during those 2.5 weeks. futures down 17% and 13%. that's how you make money shorting leveraged etp's!!!!
Short this trash to hell. Short every bounce. This garbage has no value and is worse than weekly stock options. VXX is a fraudulent bagholder maker. Volatility itself is a total scam. Get real people. Volatility? LMFAO. Drop a nuke on American Idol and maybe this fakeass garbage will go up a couple points. LOL
You you can also say that this was $6.26 on April 12th and on April 18th we closed at $8.56. Longs buy low and sell the pops. That's almost a 40% gain in 6 days!! That's how you make money buying leveraged etf's!!!!