Seeking Alpha

VXX
  iPath S&P 500 VIX Short-Term Futures ETN - NYSEARCA

9/21/2014, 9:26 PM ET
  • Joey Goret | Send Message 21 Mar 2012

    I'm taking profits of the table and using the VXX to hedge, and also using the VGK to profit on the downturn that is imminent in Europe
    Reply (2)
    • Rubenov | Send Message 21 Mar 2012
      : I've lost a lot of $$$ hedging with the VXX / VIX. That's as straight as it gets for down lines.
    • Joey Goret | Send Message 22 Mar 2012
      : If I had the tolerance a bet a good turn a profit but these fuluctuations between 5-7 percent up and down is too much..
      VXX vs. ETF Alternatives
      VXX Description
      The S&P 500 VIX Short-Term Futures™ Index TR is designed to provide access to equity market volatility through CBOE Volatility Index® (the "VIX Index") futures. Specifically, the S&P 500 VIX Short-Term Futures™ Index TR offers exposure to a daily rolling long position in the first and second month VIX futures contracts and reflects the implied volatility of the S&P 500® Index at various points along the volatility forward curve. The index futures roll continuously throughout each month from the first month VIX futures contract into the second month VIX futures contract. A direct investment in VIX (commonly referred to as spot VIX) is not possible. The S&P 500 VIX Short-Term Futures™ Index TR holds VIX futures contracts, which could involve roll costs and exhibit different risk and return characteristics. Investments offering volatility exposure can have various uses within a portfolio including hedging, directional, or arbitrage strategies and are typically short or medium-term in nature.
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      Country: United States
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