Fri, Jul 11, 2014, 6:32 AM EDT - U.S. Markets open in 2 hrs 58 mins

Recent

% | $
Quotes you view appear here for quick access.

VelocityShares Daily 2x VIX Sho (TVIX) Message Board

  • ggray1956 ggray1956 Nov 19, 2013 9:18 AM Flag

    TVIX premium

    TVIX is trading at a 43 cent premium to NAV, yet it always seems to fluctuate near or below par during many trading sessions. I think it’s a way to promote this piece of garbage. How this ETN continues to lose NAV even on VIX strengthening is a mystery to me. I see TVIX futures market numbers, but I see no logic in its perceived posted value. The futures market seems to be a roulette wheel guided by the FED’s never ending easy money, so a premium in any stock or ETN means absolutely nothing to me, especially if you are shorting this market. This fund is a trap for many including myself. I only trade it now, and currently I own zero shares, but may pick-up some today on a dip.

 
TVIX
2.97-0.03(-1.01%)Jul 10 4:00 PMEDT

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.