Replies to post #30165 on VelocityShares Daily 2x VIX ST ETN (TVIX)

[Diogenes of Sinope]

It truly makes no sense Chris. Seeking rationality in an irrational marketplace only leads to greater alcohol consumption.

CHEERS!

I like my drinks AAPL flavoured.

[DownWithPumpers]

With so many crazy things going on, investor complacency mystifies me.

If you measure worry by how much the VIX is above actual volatility we're seeing tons of worry.

The VIX is at 10.0.

The actual volatility over the last ten days is 2.75.

That's a huge discrepancy. It's very very rare that options are so expensive with so little volatility.