iPath S&P 500 VIX Short Term Futures ETN T.VXX

VXX

[DSurfer]

Will keep a close eye on this one.

Reward could be nice.

INFO: https://en.wikipedia.org/wiki/VIX

DSurfer

[DSurfer]

Looks like when the Dow drops, VXX goes up.Are we due for a major correction sooner or later?Will watch closely that's for sure.

[DSurfer]

If you're so darn smart to rate me 1 lolWhy don't you inform us and give us some clues instead so everyone could benefit of your expertise?

[ZachGreen]

Hey Dsurfer,The VXX is an ETF that tracks the VIX. The VIX is an index that shows the volatility in the S&P 500. Generally speaking there is a strong negative correlation between volatility and the market. Since markets spend 80% of the time going up and 20% going down and we know they crash hard I feel that the best way to play the VIX is to only buy when volatility is low

[jodietoadie]

This post has been removed in accordance with Community Policy

[maxandrelax]

He is correct  - buy  when the vix is low  - sell high.  You buy the VIX prior to market instability.   i entered a good position on Friday in hopes that this week would be very volatile due to the debt ceiling issues.