My VIXY is up 16% at the moment, but still a $1 away from my sell order. It got to within 50 cents in the premarket and at the open, but has pulled back.
It would have been nice to have gotten a big one day return on that buy I got yesterday. Could still happen but central banks worldwide have stepped in to calm the markets so that doesn't help the VIX. But it has been a nice hedge for me despite the Contango disadvantage.
I was really surprised that my SLV hasn't tripped it's sell order yet. It is only up only 2%. Congrats on your Sell on SLW though!
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