Horizons ETFs Management (Canada) Inc - BetaPro S&P 500 VIX Short-Term Futures Daily Inverse ETF Class A BTTPF

HVI most important fact

[redarTneJ]

Did you know that if the VIX index spikes by 100% (effectivly 80%) in one day, this fund shuts down? If you didn't know that, you shouldn't have been trading this. Even if the market is calm for the next hundred years, on that day when the VIX index spikes from 10 to 20, you loose everything. This volatilty product can lull you into a false sense of security for years when things are calm, but you are always only one day, one accident, one flash crash away from loseing it all. Please understand the risks.

[bulltraderr]

So is there anything we could do to protect this? Thanks

[redarTneJ]

Unfortunately, with HVI there is little you can do to protect yourself. Options on HVI do not exist. Normally I would suggest buying deep out of the money put options to protect yourself in case of catastrophe, but those are not available here. Buying HVU as a hedge will not protect you in the long term due to price deterioration. It is best to consider other ways to short volatility, that may

[bulltraderr]

Thanks redarTneJ. 

[Nakate]

Trading it is the only way to win with the current volitility. watch it find a pattern and get in on the next cycle up and sell when it peaks or your in the money enough to much a few bucks, rinse and repeat, risky but less risky than buying and hoping it goes your way and keeps falling. The ball is still bouncing purty hard, the gyrations are not likely to subside anytime soon

[sailor1986]

I do agree with you.September gonna be very interesting.Watch out for BLOOD MOON. The “blood moon phenomenon” has been the talk of the Christian world in 2014 and 2015, as four lunar eclipse tetrads all occurring on biblical holy days occur within 18 months, the last of which happens Sept. 28 on the Feast of Tabernacles. Read more at https://www.wnd.com/2015/08/rabbi-blood-moons-mean-messianic

[redarTneJ]

Ok, that about settles it. If you buy HVI you are throwing your hat in the ring with this nut job, Mr year of the shemitah blood moon. I'd run from anything someone like this is buying.

[Nakate]

Every time someone places a bet on the future move of the vix some computer some where hedges that risk and calculates the odds of your chances of exiting with a win and then places a corresponding value on that risk then adds up all the little risks placed by all the player and moves the needle in its favor by lowering or raising all the corresponding data points that decide the value of the bid

[sailor1986]

REDARSETNEJ SAID:if the VIX index spikes by 100% (effectivly 80%) in one day, this fund shuts down? SO IT'S YOUR BRAIN DUMMY.TECHNICALY IT'S IMPOSSIBLE.