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Bullboard - Stock Discussion Forum iPath S&P 500 VIX Short Term Futures ETN T.VXX

TSX:VXX - Post Discussion

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Post by AV777 on May 15, 2012 2:03pm

Qiet Board

Took an initial position a week ago and plan on adding a thousand shares a month through septemberb waiting for the US. to hit its debt ceiling. Thoughts or Comments?

Cheers

Comment by b4545 on May 15, 2012 2:48pm
i bought at 8.57 and sold at 9.24. Waiting for mid summer lows to buy again. gl
Comment by b4545 on Jun 04, 2012 8:35am
oops, I see my last post was on the wrong board. Not sure how that happened. Sorry about that. As for this board, I love the VXX. Bought in when Berman on BNN suggested it as a sumer play against the go away in May drop. In at 18.56 and again at 15.84. holding now till late summer. Thanks for the tip Mr. B. glta
Comment by skydiver069 on Jul 15, 2012 12:16pm
Just decided to look at the chart for VXX today, after it was mentioned on a mailout from TradingMarkets.com. Anyway, I see that the chart is on a downwards trend right now.  Need to do some research into how exactly this stock works, and what its fundementals consist of.  Anyone care to give me a quick overview - or point me to a post/site that covers this?  Thanks.   Sky
Comment by AV777 on Jul 16, 2012 1:23pm
Hello skydiver I have no good explanation as to how the nuts and bolts of this etn works but it is designed to replicate the results of the VIX on the S&P 500 ,https://www.investopedia.com/terms/v/vix.asp/#axzz20o3QiBE2 Click on the link provided and it will give a breif explanation of the vix. If you believe that the european crisis is unmanagableand will come to a breaking point in the next ...more  
Comment by shane117 on Jul 17, 2012 11:06am
Is it better to own VXX on the TSX or the NYSE? Or does it not make a difference? When they both increase or decrease do they go up and down relitively the same percentages? Or can I make more from the VXX NYSE?