@Toof, you are brave.
I will be allocating funds to it as well, but I would rather wait. The VIX is still above 30 which is relatively high.
I thought it was weird that when XIV was open for trading today, there were several trading halts in less than 30 minutes. Yet, unlimited selling was allowed overnight. How ironic? Makes me wonder if the attack on XIV was orchestrated.
It also appears it was Credit Suisse itself that triggered its own margin call and was doing all the selling last night.... weird, again.
In any case, I am interested in SVXY but would rather wait a few days. I don't see how such an event (billions lost) cannot have more ramifications. I guess volatility (VIX) will be the tell.
btw. would SVXY ever have to unwind like XIV did? is there something in its prospectus that one should pay special attention to?
