OJ time in the Florida groves.
by penystoc • May 11, 2016 2:17 PM
Oh the sweet taste of freshly squeezed
You should come up with a new idea.
Venezuela... you are really grasping at straws. That is like saying there is war in the democratic congo, betterstock up on toilet paper while you can.
It is doubtful that they will reverse split this until it is at or under $1. But it doesn't really matter.
I'm not sure if you are actually looking for the answers or if you think you know what you are talking about. Yesterday although the VIX was up, the VIX futures were down. TVIX follows the VIX futures and not the VIX. Does this help?
The 1 year VIX chart s not identical to the 1 year TVIX chart. The VIX 1 year ago was $14.06. TVIX was $9.5. Today the VIX is over $15 and TVIX is $3.
UVXY is not backed by CS, and you would have lost the same amount with that. It's amazing... it is like the whole world is conspiring against your portfolio.
He already mortgaged the trailer on this one.
Thank you ELECTRO AND TREMULOUS I just bought 5000 TVIX by adventurguy •Apr 28, 2016 3:22 PM
It was flat from yesterday to today though. I think what would worry me more as a long, would be that the June VIX futures are $18 and the July VIX futures are $19.3. When I calculate how far down TVIX "could" go in a month, I take the contango rate which has been averaging 20% the past 2 months. Now I also add 50% of the potential drop of the futures contracts to $16 for short term swings. Basically TVIX could now go to $2.74 in a heart beat, or could go to $2.10 if you add in the contango over the course of the next month. I actually think volatility will be elevated going into the fed meeting, to keep TVIX from falling too much, and I think there is the potential for a double. One thing is for certain TVIX will trade under $1 within a year. I used to think TVIX couldn't deteriorate much in a bear market (like we are currently in), I was wrong and it cost me. It just doesn't deteriorate as fast, but of course the end result is the same.
There it is. Adventureguy is off his meds again. Just like the past, you always predict a 20% drop within 2 weeks, with this $250 nonsense. New PT 2.85 by June 2nd.
So if history repeats itself, the market really won't start to sell off until July. From now until then, TVIX will lose about 45%. After that it will double and maybe triple if you take the gains at just the right time. OK Got it.