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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 > You might as well go with VXX calls
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Post by MayorRobFord on Feb 05, 2017 7:33pm

You might as well go with VXX calls

HVU/UVXY declined in the last month to 72% of value. VXX $20 June call declined to 60% of value. On a VIX upswing VXX calls will make at least double or triple your gains with HVU, while the erosion is only a bit worse.
Comment by Steven1 on Feb 06, 2017 10:42am
It may be easier (less risky) to buy SPY puts.  You have to be perfect with your timing with VXX calls. You can’t get stuck when the SP500 is in a tight trading range.  That’s another problem with VIX ETF's.  HVU/GXX decline in January was due the tight trading range.   I’m not trying to sell gold.  lol. The monthly/weekly chart for GC/GDX/HGU is showing a great ...more  
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