Seeking Alpha
  • memshu
    $SVXY does anyone understand why the etfs are not moving as avdertised last couple days?
    Feb 27, 2:34 PM
    Reply (9)
    • pinkusben: There is major buying of VIX OTM options therby distorting the price of futures therby affecting the value of SVXY
      Feb 27, 4:26 PM
    • memshu: Ok, but backwardation lasted all 3 days, it's all contango again, what the?
      Feb 27, 4:29 PM
    • pinkusben: contango is not magic, even in contango if the future price of front month AND outer month rise this must affect asset price of ETF
      Feb 27, 4:57 PM
    • memshu: Ah yes... futures premium to spot higher across the board... why? Vix futures traders more bearish than s&p option traders? Why?
      Feb 27, 8:23 PM
    • jamesingram32: memshu, again today the svxy does not reflect march/apr VIX action? !
      Mar 5, 3:23 PM
    • memshu: Yes.... the whole futures curves is up with respect to vix. Vixx down but svxy downer and uvxy up a lot. Cd be futures guys are nervous?
      Mar 8, 1:33 AM
    • memshu: Either futures traders are more nervous than s+P option traders... or everyone is piling into vix etfs causing futures demand to rise?
      Mar 8, 1:52 AM
    • jamesingram32: either way...Unless some real upward action happens next week, I'm fubared on my mar 14th calls ....grrrr, I took an un necessary risk.
      Mar 8, 6:15 PM
    • jamesingram32: there is definitely a disonance though.
      Mar 8, 6:16 PM