Seeking Alpha

"TVIX only $6.50 above fair value," tweets a wise guy as shares in the leveraged ETN are...

"TVIX only $6.50 above fair value," tweets a wise guy as shares in the leveraged ETN are hammered again this morning, -8.4% to $6.56, bringing the decline to 55% in less than 3 days. ETN prices can vary widely from NAV, leading to excessively high premiums when shares become dear, and then the correction when the issuer prints up more.
Comments (6)
  • mikeinnyc
    , contributor
    Comments (65) | Send Message
     
    "Limited Creation Units" is the key terminology and Why Limited?

     

    Why not full power on the CUs?

     

    CS Fully Bloated and Loaded on VIX Futures but maybe not enough to cover full demand of TVIX?

     

    Then one could expect this to happen again since the problem has not been resolved... especially when and if the market "starts" to fall which may not happen.

     

    When you say Print ... are you thinking ETF?
    26 Mar 2012, 09:51 AM Reply Like
  • Durnas
    , contributor
    Comment (1) | Send Message
     
    I hate TVIX, bunch of crooks!!!!
    26 Mar 2012, 10:59 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8526) | Send Message
     
    The best options trading product of the decade.

     

    Period.
    26 Mar 2012, 11:36 AM Reply Like
  • trickyt57
    , contributor
    Comments (3) | Send Message
     
    Where can I find the latest NAV of TVIX?
    31 Mar 2012, 05:09 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8526) | Send Message
     
    TVIX-IV
    31 Mar 2012, 05:36 AM Reply Like
  • DeepValueLover
    , contributor
    Comments (8526) | Send Message
     
    http://yhoo.it/GG3LRa
    31 Mar 2012, 05:37 AM Reply Like
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