$-1x Short VIX Futures ETF (SVIX.US)$This inverse etf actually makes no sense. Vix has dropped so much but svix is still stuck in the same range. What kind of bs is this?
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philip shaffer
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because it based off the vix futures. may and June. ho to thr vix futures for may and June and the percentage this moves fall between the 2 plus when the futures get outnof backwardation this will just climb up with it being in backwardation it's being held down
philip shaffer
:
once the vix futures get out of backwardation this will slowly climb over time. with the huge moves put all the vix futures in backwardation so it holds this down.
philip shaffer
OPCui Nyonya Kueh
:
yea where it's based on may and April futures not the actual vix it self the percentage move falls in the middle of both. plus vix will come down when we get back to the .5%-1% moves again. Just joe it came reach there before another crazy announcement
Cui Nyonya Kueh
philip shaffer
OP
:
I am looking at vix index. there's a double top formation so those longs need to KO first... we short here we should be good as it's rebound but I don't see it up so much unless U go to the proshares ones but too expensive.
philip shaffer
:
yea i think market is calming down ans getting numb to the tariff word. some so over next couple weeks should drop vix should come down
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philip shaffer : because it based off the vix futures. may and June. ho to thr vix futures for may and June and the percentage this moves fall between the 2 plus when the futures get outnof backwardation this will just climb up with it being in backwardation it's being held down