SVXY has a K 1 and I HATE those. But this is about the only thing that has a K1 that you can hold in an IRA with no effect (dont ask me to explain it). In a taxable account it is the usual pain in the ass.
Unlike XIV SVXY has options though. But I dont think it pays to do options. It just moves too fast and then you are locked in to your position if you sold covered calls. Options would be a derivative of a derivative of a derivative of a derivative. ( option on svxy, a derivative of vix, a derivative of ..... oh hell whatever vix is a derivative of ).
XIV and SVXY are the same except for the differences noted above. XIV is an Exchange Trated NOTE while SVXY is an ETF so potentially a little safer.
Toofuzzy As usual
Take the road less traveled. It will make all the difference.
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