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Re: None

Tuesday, 08/15/2017 2:09:58 PM

Tuesday, August 15, 2017 2:09:58 PM

Post# of 1474
The 8/8/17 VIX event was a good one!
delta VIX 82% (9.52 to 17.28)
delta XIV -25% (96.72 to 72.64)
I had buy order set contingent on a VIX spike to 14 and that corresponded to $84 for XIV. Had some dry powder to grab some lower in the surprise jump to VIX 17.
Contango is back in place in the VIX term structure so if the market keeps steady to rising and VIX drifts back to run in the 9-11 area, XIV "oughta" climb back to the 90-95 area.