hmm in past most 1:10 I've seen in past @$1 fall to 0.35 or so but ETNs can be diff. TVIX did one recently and one could make out on it. The wide swings here could see CS try to get it to 1.50 - 2.00 just for a decent higher number. Be embarrassing as hell if fell to 0.35 even 0.50 would be chicken feed leading to another R/S quickly as crude tests $20-30.
Very uncommon to give a 'lead time'. The few who do were generally higher in the end pre & post split day.
The greatest deception men suffer is from their own opinions. ~ Leonardo da Vinci
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