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Re: porgyrusty post# 1042

Friday, 09/05/2014 5:06:12 PM

Friday, September 05, 2014 5:06:12 PM

Post# of 2956
Does the VXX have a decay like the TVIX? And does it automatically do a 4-1 split at $25?

You mean reverse split?

All leveraged ETFS/ETNS have a decay. http://seekingalpha.com/article/1864191-what-you-need-to-know-about-the-decay-of-leveraged-etfs

TVIX is a leveraged ETN.

VXX is not leveraged.

VXX has traded below 10 before. It seems to reverse split around the 8 to 12 area.
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