Yes I am waiting for a correction so I can establish a heavy short position on the tvix. I love this instrument because it is actually very predictable with the decay. A little nervous about shorting heavy just yet. The pullback is inevitable IMO. The only way I would buy the tvix is to day trade it or a few day position. I have one question doc. The vxx would be another option to open up a long short position perma short because of the similar design. That is what I gather.
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