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

Trading UVXY Puts a good alternative

[Ubervak]

Made 80% ROI on my UVXY puts this morning... puts or calls are alot safer than the actual ETFs it seems. I guess reading the prospectus about the possibility of liquidating the whole ETF was missed by alot of the short volatility crowd.. At least holders of HVI aren't looking at 90% losses this morning... GLTA Uber

[jicoop]

Nice you made $$$ on that trade. I think it is criminal that they allow trading of options on an index . Just seems wrong but I guess they have enough players, they will offer it. Just like a casino. They open a table , no matter how extreme, and if the players show up and fill, it stays open. Anyone watch a crown and anchor game at a carnival ? Horrible odds yet table always full of players