I guess the positive is we finally had an up day today LOL. You can see how fast this thing can move up. We were over $11.50 at one time today. Our time we come and this will come back to $16+
Sentiment: Strong Buy
I'm pretty sure that 16 is gone forever. The spot vix would have to make a 3 to 4 point jump. In the meantime contango is eating up the NAV of this product.
20 million shares traded today.... someone knows something?