Seeking Alpha

IVO
  iPath Inverse January 2021 S&P 500 VIX Short-Term Futures ETN - NYSE

10/1/2014, 2:01 AM ET
  • olavn | Send Message 12 Sep 2011

    is it IVO will be ,, terminated,, when price reash 10 ?
    Reply
      IVO Description
      The S&P 500 VIX Short-Term Futures™ Index Excess Return ("the Index") is designed to reflect the returns that are potentially available through an unleveraged investment in short-term futures contracts on the CBOE Volatility Index®. Specifically, the Index offers exposure to a daily rolling long position in the first and second month VIX Index futures contracts and reflects the implied volatility of the S&P 500® Index, which provides an indication of the pattern of stock price movement in the US equities market, at various points along the volatility forward curve. The Index rolls its exposure to the underlying futures contracts continuously throughout each month, targeting a constant weighted average maturity for the underlying futures contracts of one month.
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      Country: United States
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