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ProShares Ultra VIX Short-Term Futures Message Board

  • benjamins72 benjamins72 Aug 27, 2013 11:39 PM Flag

    Newbie here. Teach me something...

    I currently have no position in UVXY. Been trying to read up on articles on the net about 'contango' and 'backwardation'. Someone elaborate on why backwardation would be bad for UVXY. I want to understand...

 
UVXY
14.99+4.59(+44.13%)Jun 24 4:58 PMEDT