Replies to post #15699 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[DownWithPumpers]

It has affected it. I responded to your post two hours before you made it.

If futures fell to where volatility actually is 13.13 rather than where they're trading now (18.31) that would involve a 28.3% fall (1 - 13.13/18.31).

TVIX would fall 28.3% * 2 or 56.6%.

This stock is very affected by fear. Without it, it would be far lower.

Whether the fear is valid, and/or reflects seasonal concerns (October is often a bad month for stocks) is the important question.

http://www.ispyetf.com/view_article.php?slug=VIX_Seasonality_Near_Best_Turning_Point_of_the_Yea&ID=243