Post by
Steven1 on May 30, 2016 9:25am
HVU could fall below HVI
If the SP has a good week, we could see HVU fall below HVI. They are only a dollar part. Whoever though this was possible.
Is there any concerns that Horizon may have adequate liquidity within HVU to buy more VIX futures to maintain the fund?
Comment by
Steven1 on May 30, 2016 12:13pm
I'm also estimating (it's a rough estimate) that the SP would have to drop to 1900 for HVU to reach $21. My estimate is as follows: 1% drop in SP = 5% gain in VIX futures =10% gain 2X. Due to slippage/USD exchange ect: 1% drop in SP = 7.5% gain in HVU Slippage hurts. Are my numbers reasonable? Other guesses?
Comment by
Steven1 on Jun 01, 2016 11:39am
if you want to see the VIX and SP (ES mini) futures. Go to: https://www.investing.com/ (real time) https://www.barchart.com/ (10 minute delay)
Comment by
Steven1 on Jun 02, 2016 3:34pm
Crossover finally happened