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

TSX:HVU - Post Discussion

BETAPRO SP500 VIX ST FTRS 2X DLY BULL > Such a struggle going up!!
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Post by Needmoney75 on Aug 17, 2016 9:56am

Such a struggle going up!!

I wonder what it would take for this to go up $1, would need a drop of 50 or 100+ PTS?
Comment by Eric1212 on Aug 17, 2016 9:59am
Maybe more something like 25 $ in the same day.
Comment by Dakseek on Aug 17, 2016 12:01pm
Curiosity question, why is it not following the VIX? @ noon August 17th   VIX +7.75%   HVU +3.19%
Comment by Steven1 on Aug 17, 2016 12:11pm
HVU is more closely linked to VIX futures than to the VIX index. It suppose 2X SP 500 VIX Short Term Futures Index    https://www.investing.com/indices/us-spx-vix-futures https://www.investing.com/indices/sp-500-vix-short-term-futures-tri
Comment by Eric1212 on Aug 17, 2016 12:11pm
It's follow thoses : September 2016 October 2016
Comment by Dakseek on Aug 17, 2016 12:15pm
Thanks Eric1212.
Comment by Steven1 on Aug 17, 2016 12:36pm
One reason why many of us are losing on HVU is that we have realized (too late) that it’s based on the VIX Short Term Futures Index which has been declining due to lower volatility. This index is designed to exclude the month to month roll over. Mayor has explained this in many of his posts. https://www.investing.com/indices/sp-500-vix-short-term-futures-tri The Index is at 254. Last summer ...more  
Comment by MayorRobFord on Aug 17, 2016 1:05pm
Yesterday and today you saw a rare bump. This should be a point that some could make a profit or at least limit losses. Don't go chasing wind of what is going to happen tomorrow with the FOMC minutes. Nobody knows shitt about what will happen. S and P could break higher for a bit or start some form of pullback. Those that are so hopelessly down on HVU, that another 10% rise or drop wouldn' ...more  
Comment by Steven1 on Aug 17, 2016 1:35pm
I've decided to hang on until the SP falls to the 200MA which is now at 2040. Every major SP pull back of over the past two years has fallen at or just below the 200MA. In each case, the SP quickly recovered. That will likely put HVU somewhere around 12 (based on today’s price)
Comment by Needmoney75 on Aug 17, 2016 4:45pm
most likely HVU won't be trading at 5 by the time you see your correction, it will be between 2-3.