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  VelocityShares Daily 2x VIX Short-Term ETN (TVIX) - NASDAQ

  • Ocean Man | Send Message 1 Nov 2011

    What I did today: Sold 2/3 of my TVIX (41 to 60), sold cash-covd VOD $27 Nov puts (in at $26.37 would be fine by me), legged into TEF Monday
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    • Inzaghi009 | Send Message 2 Nov 2011
      : thx for the view ocean man. What time is the speech?
    • johnnyBuz | Send Message 2 Nov 2011
      : Ocean is right. Bernanke's statements have caused the markets to sell the past few months.
      TVIX vs. ETF Alternatives
      TVIX Description
      The VelocityShares Daily 2x VIX Short-Term ETNs (the “ETNs”) are senior, unsecured obligations of Credit Suisse AG (“Credit Suisse”) acting through its Nassau branch. The return on the ETNs is linked to twice (2x) the daily performance of the S&P 500 VIX Short-Term Futures™ Index ER less the investor fee. The ETNs provide traders with an exchange traded instrument enabling them to efficiently express their market views on the short-term futures contracts on the CBOE SPX Volatility Index® (the “VIX®”). The ETNs do not guarantee any return of principal at maturity and do not pay any interest during their term.
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      Country: United States
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