Roger..that was only meant for tsurplus who wanted to know why
UVXY did not track the VIX. As long as one is aware of such
discrepancies , then no harm trading it. VIX closed up 9% while
UVXY closed up just shy of 4%, those are the facts. Guys, use
whatever works for you but my point was to be cognizant of such
discrepancies (search the blog) under keyword VIX and you will find
a complete explanation. I'm not usually so blunt but this has been
discussed ad naseum here.
Buy VIX calls and stay away from garbage like UVXY. I have
posted several articles here on how it fails to track the VIX.
Do a search where I list the developer of the VIX and his
comments...he is developing a new ETF but not sure on the
status.
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this instrument is useless
UVXY 5
Posted by tsurplus on 24th of Jun 2015 at 03:40 pm
vix went up over 7%, but uvxy up less than 3%.
I agree with you 100%. I
Posted by blorrilliere on 24th of Jun 2015 at 04:06 pm
I agree with you 100%. I would encourage BPT members to not use it
its for a trade .....
Posted by roger on 24th of Jun 2015 at 04:20 pm
its for a trade ..... lighten up
Roger..that was only meant for
Posted by steve on 24th of Jun 2015 at 04:24 pm
Roger..that was only meant for tsurplus who wanted to know why UVXY did not track the VIX. As long as one is aware of such discrepancies , then no harm trading it. VIX closed up 9% while UVXY closed up just shy of 4%, those are the facts. Guys, use whatever works for you but my point was to be cognizant of such discrepancies (search the blog) under keyword VIX and you will find a complete explanation. I'm not usually so blunt but this has been discussed ad naseum here.
Buy VIX calls and stay
Posted by steve on 24th of Jun 2015 at 04:06 pm
Buy VIX calls and stay away from garbage like UVXY. I have posted several articles here on how it fails to track the VIX. Do a search where I list the developer of the VIX and his comments...he is developing a new ETF but not sure on the status.