Weekly Volatility Tracker: All That Glitters Is Volatile [View article]
Given how new those products are, I think it would be a bit hasty to draw such sweeping conclusions at this point. I don't trade VXX or VXZ since I have access to the CBOE volatility futures. But I disagree with your claim - evidence so far suggests that VXX does track its target range quite well.
Remember that the "real VIX" (if by that you mean the spot VIX) is just a statistic and is not directly tradable.
conceptwizard: By "that VIX level" are you referring to the spot VIX, or VIX futures? Of course spot VIX can change quickly, and I don't think anything in the post contradicts that fact. Long-dated VIX futures tend to change slowly.
On Jul 30 08:43 PM conceptwizard wrote:
> I'm not on board with this one. That Vix level can change drastically > overnight with a bad breeze and will in my opinion.
Weekly Volatility Tracker: All That Glitters Is Volatile [View article]
Remember that the "real VIX" (if by that you mean the spot VIX) is just a statistic and is not directly tradable.
Why Do VIX Futures Remain High? [View article]
On Jul 30 08:43 PM conceptwizard wrote:
> I'm not on board with this one. That Vix level can change drastically
> overnight with a bad breeze and will in my opinion.