The biggest risk with this TVIX is that it doesn't firmly trade above $6.00 while the "markets" are on their lows of the day and then there's a late day rally and the TVIX ends unchanged! That would guarantee the TVIXs trading below $5.25 (or even below $5.00- at which point it's game over for this POS) in any "break out" attempt by the "markets" later this week or next! - JMHO