Replies to post #9335 on ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[ottoman]

yes, every time I can remember checking my account, Fidelity had shares of UVXY/TVIX to short, except when I checked today. I was gonna throw $1000 at a short of UVXY at 21.

hence my post. I even called and spoke to a representative to verify they are still allowing shorts on these ETNs, and she simply said yes, that there are so many shares available to short at the beginning of the day, and will vary throughout.

I will check again tomorrow morning and see.

I was just wondering if it's indicative of everyone shorting the crap outta these ETNs, going into FED meeting, expecting no rate-hike market rally.

EDIT: I just checked again for after hours trading.

UVXY 0 shares avail
Tvix 0 shares avail
VXX 2,328,359 Shares avail. (Est. Annual Interest Rate: 2.750%)

Weird that VXX has plenty to short, yet the other two have 0.

[Toofuzzy]

Buying puts is safer then selling short. Your risk is defined and the shares cant be pulled from you at the wrong time. You have control if you are buying the options.

Toofuzzy