This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
"Oft-burned, investors are quickly jumping right back into volatility futures and ETPs amid the slightest of market wobbles this month. There's been a big jump in open interest in volatility futures at the CBOE, and the "financial wood-chipper" (Brendan Conway's words) known as iPath S&P VIX Short-Term Futures ETN VXX has seen $1.1B of inflows this month. VXX is off 52% this year, better than average for this ETN which has averaged a 65% loss for the last 3 years. The ProShares Ultra VIX Short-Term Futures ETF (UVXY) has received $497M after falling 80% YTD."
"Oft-burned, investors are quickly jumping right back into volatility futures and ETPs amid the slightest of market wobbles this month. There's been a big jump in open interest in volatility futures at the CBOE, and the "financial wood-chipper" (Brendan Conway's words) known as iPath S&P VIX Short-Term Futures ETN VXX has seen $1.1B of inflows this month. VXX is off 52% this year, better than average for this ETN which has averaged a 65% loss for the last 3 years.
ReplyDeleteThe ProShares Ultra VIX Short-Term Futures ETF (UVXY) has received $497M after falling 80% YTD."
VIX ETFs: CVOL, VXX, VIIX, VXZ, VIIZ, TVIX, TVIZ, XXV, XIV, ZIV, XVIX, VQT, VIXY, VIXM, XVZ, IVOP, UVXY, SVXY.