Raybans, what % of your portfolio do you short when the VIX gets to 20? I was going to try a similar strategy, but I'm curious how much you do. TIA
ISIS is by far the most interesting. I'm a Pharmacist by trade, and I had to learn a new pathophysiological process to understand most of their pipeline. For long term wealth creation and being able to sleep well at night, KMI is my favorite.
Futures curve is flat and is at parity with the cash price, so both the Jan and Feb are at $18.85. If VIX goes back to 14, the Jan and Feb should sell off to around $15, this should represent about 40% down on TVIX or toward $1.8. If VIX remains "elevated" at 20, TVIX goes nowhere. It will take a lot to get this to continue it's move up. Down to $2.5 is the easy road right now.