Well...make sure you factor in the reverse split. TVIX is trading at 1.25 based on the pps before the split. Having said that, it has been a very volatile couple of weeks and TVIX has been on a tear. Unfortunately, I wasn't in for 90% of the ride, but made a few $$$ on it...am in it now...left $$$ on the table today and yesterday, etc. Yea, you can still make $$$ on this if you time it right. Backwardation is working in our favor atm, so watch the action tomorrow and see what you think. Market has taken a beating...but many think it's not over.
Funny...I just read that. A friend of mine sent it. I'm not one to believe in these types of predictions, but hey...anything can happen and in the current market climate, it wouldn't take much of a spark to light the fire of fear and send even more folks running for the exits. Many saying more "correction" coming. Let's just say that I am a lot less uncomfortable holding TVIX than I would've been a few months ago.
Based on the channels that U and DGAZ have traded, it's a little early to be looking to get into DGAZ, don't you think? I am holding a little UGAZ hoping for some little bone of a gain come Thursday am. I'm in at 1.64...what's your guess on build and price come Thursday?
I've been snooping around on the weather board and scanning around the country, it looks like temps are going to be in and around the 90's the beginning of September in many places. Might be worth sticking around to see what the build is next week.
I'm holding out for the 1.80's after Thursdays report. Seems to me the build couldn't be that much higher, but I could be wrong
Thanks lesser...I jumped out...not gonna risk it right now I f that is the case. Thanks for the explanation. Never seen that phenomenon. If the futures are already up this much and XIV is trading here...could dive at the open
Well, if you'd held onto it until January, you wouldn't have had to lose anything...but I understand impatience and wanting the momo, adrenaline play for the faster buck
I've been with all of them except Schwab...currently with Fidelity and a small acct with OptionsHouse. OptionsHouse has a great commission rate
Based on what I'm reading, if people just bought and held anything NG related, it would be a great long term investment. I don't know how many actual investors there are out there anymore, but if you want a glimpse into the future of NG check out Dr.Kent Moors articles. LNG is going to be exported in massive quantities in the coming years and billions of $$$ are being spent to create the infrastructure to process it out of NG.