Seeking Alpha
  • jamex
    Can someone please explain how its possible for VIX to go up by 3.75% and TVIX to fall by 2.25% IN THE SAME DAY?
    2/6/12
    Reply (8)
    • Demi9OD: TVIX does not track the VIX. It tracks http://bloom.bg/zW6WFp. If you want to trade the VIX, trade VIX futures.
      2/6/12
    • Demi9OD: I'm going to copy and paste that about 8 times a day, maybe I can get on Bloomberg TV.
      2/6/12
    • talbano: or write an 8 page book and create a subscription service
      2/6/12
    • jason2788: because you bought it.
      2/6/12
    • Rocket Robin: TVIX is following SPVXSP:IND, which ended the day at 8,625.11, 0.89% down
      2/6/12
    • realornot: VIX has no direct influence on TVIX !!!
      2/6/12
    • touristview: @ Rocket Robin ; Where do you find ticker symbol for SPVXSP:IND and the figures 8.625
      2/7/12
    • Rocket Robin: If you read TVIX description, it tells it is sitting on SPVXSP. Found it there http://bloom.bg/xuxMov
      2/7/12