Bigworld, It could be time to exit that SVIX gambit, before it gets really ugly. How things play out next week looks like a complete 'roll of the dice'. Do we get a big selloff today, Mon, Tues, and then an oversold bounce on Wed? Or does Trump see the emerging carnage and say something to sooth the markets? Does the Fed try to step in with the PPT? Or do they just let the market crumble? No way to know, so not a time to have a large wager imo.
The VIX related stuff is obviously meant to be traded, so I'd say 'grab them profits' before they evaporate. A crude analogy --> the VIX is not the girl you plan to marry, just a floozie you met on a drunken Sat night.
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