Thanks for this. I am getting tired of being admonished
for not knowing that I "should (have) expected to lose 100%
of your investment between the after-hours session of 4:05pm to
4:45pm)
"The market did what I thought it would do when I bought $XIV at
the close yesterday. We rallied very hard off the lows of last
night and closed at the highs of the day. On any other day in the
history of this product, I would have made a profit selling my
position this afternoon.
I was using the product for exactly the reason it was
created.
I waited patiently over the months and years for a record
explosion in volatility and I believed that the price I was quoted
was real based on the ALREADY record move in the VIX. Not
before."
I know its time to just move on, but I appreciate you posting
those links :)
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Thanks for this. I am
The XIV Saga ... good readsHoward Lindzon has been really ...
Posted by gezac on 7th of Feb 2018 at 10:21 am
Thanks for this. I am getting tired of being admonished for not knowing that I "should (have) expected to lose 100% of your investment between the after-hours session of 4:05pm to 4:45pm)
"The market did what I thought it would do when I bought $XIV at the close yesterday. We rallied very hard off the lows of last night and closed at the highs of the day. On any other day in the history of this product, I would have made a profit selling my position this afternoon.
I was using the product for exactly the reason it was created.
I waited patiently over the months and years for a record explosion in volatility and I believed that the price I was quoted was real based on the ALREADY record move in the VIX. Not before."
I know its time to just move on, but I appreciate you posting those links :)