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Bullboard - Stock Discussion Forum Credit Suisse AG TVIXF

The investment seeks to replicate net of expenses the returns of twice 2x the daily performance of the SP 500 VIX ShortTerm Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX which reflects implied volatility of the SP 500 Index at various points alongthe volatility forward curve.

OTCPK:TVIXF - Post Discussion

Credit Suisse AG > sold rest of TVIX for profits +32%
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Post by laffinatbaggies on Jan 27, 2020 12:25pm

sold rest of TVIX for profits +32%

Sold the rest of TVIX at $53.33 for profit of +32% and +$12.98/share.  I had long position in TVIX of $40.34 (posted buys).  It brings the entire profit of trade to +27% and PROFIT over +$30,000.  If you get near bottoms or top to short you can take profits early as your targets are hit quickly.  Can always buy at later date, but love locking in huge profits!
Comment by boneafide1 on Jan 27, 2020 5:13pm
Well done laffin! More power to you. Nothing wrong with booking profits. One question - Considering you liquidated you entire position, I take it you don't see this going up any more? TVIX started going up with the Wuhan scare. Reports indicate the Wuhan flu is not going away, the number of infected is rising and the situation could get very serious as the Chinese New Year celebrations draw to ...more  
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