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Bullboard - Stock Discussion Forum BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

TSX:HVU - Post Discussion

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Post by stockseer on Jul 31, 2015 11:15am

Volatility Index

as you can see as to the big drop and as to why HVU is sinking as I write at 11.15 am although you would think S&P500 index would be way past 2115 like to 2125 if it were matching the drop in the Volatility index. am I following right ? I wonder if this could even drop to under 2.25
Comment by NewGuy1 on Jul 31, 2015 11:43am
This post has been removed in accordance with Community Policy
Comment by mdaffin on Jul 31, 2015 11:50am
I bought but will hold till Tuesday. You may find the lowest price 1 hour before close. I am going to say 2.82.
Comment by mdaffin on Jul 31, 2015 11:48am
Lets see, VIX is at 12 and VIXAug 13.9. Lets say for simplicity, futures remain 20 % higher than VIX. The absolute low for the VIX was 10.3 in the last 2 years. Therefore, lowest for the futures is 12.36. At this time of writing, this means the futures could drop another 10.7 % or double to 21.4 % My answer comes out to 2.26 - so no way could it fall to 2.25, 2.26 max. I bought some at 2.88 and ...more