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DownWithPumpers

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DownWithPumpers

Re: eric4x post# 9438

Thursday, 11/17/2016 5:06:09 PM

Thursday, November 17, 2016 5:06:09 PM

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It's a new low for UVXY, and the VIX is relatively low also.*

This is a strange time to go long volatility. Huge contango. Today TVIX/UVXY sold at 15.06, and bought at 16.67.

You're really selling at low prices, and buying at a high price if you're long TVIX/UVXY at a time with very steep contango like today.

http://www.vixcentral.com/
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