BETAPRO SP500 VIX ST FTRS 2X DLY BULL T.HVU

HVU use

[Shlinker_]

Can someone elaborate on how the roll-over (daily) works with this ETF? Is it the management fee that is consumed daily?

[TheCapitalistBear]

Good question Shlinker: Contango affects HVU price NOW, because HVU moves 4.16% of it's holdings into next month's futures every single trading day. So 4.16% of the fund, experiences a 11.27% loss every single trading day (net 0.47% of total HVU share price, contango constantly fluctuates). Current contango can be found here: https://vixcentral.com/ Current HVU commodity roll can

[Murraylaplante]

when does Contango end???

[TheCapitalistBear]

Contango doesn't have a timeframe. It's the normal market condition. The current 11% isn't normal, but 1-3% is quite normal. The only time contango ends is when front month futures are priced higher than back month future (called backwardation). Which typically happens after a spike in prices, but not always. Keep in mind if there is demand for VIX futures, all month prices will

[MayorRobFord]

2150 is my call for the S&P, number was given to me by Yellen during one of our intimate times together. You're call to whether or not I was on crack at the time.

[Murraylaplante]

I don,t get it Before Friday trax VIX up 4% and Aisia markets very down HVU starts Friday with huge gains ,oil is down 4% and than HVU goes down 6%,seems like S&P is losing ground in Asia than NYSE pushes things up?