The S&P Vix is up 13% and this thing is up 6%? WTF?
somethin is up here i believe they're are crimes being commit this should be up so much strong todays
you have to wait for the end of the day settlements. the option sales set the price ranges from day to day.once the put sellers close out the stock will rally, then the cycle starts again, in a different direction.
It's how the product is designed. VXX has decay.
It is an ETN not an ETF and yes it is heavily manipulated. Everyone knows this.However the spot VIX is an indicator. This product tracks futures of the VIX not the spot VIX.Futures are tracking +7.7% close to VXX. You are looking at the wrong product, read the title "SHORT TERM FUTURES ETN"http://cfe.cboe.com/Products/historicalVIX.aspx