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sciencemagic

sciencemagic
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  • The Short Interest In XIV Is Misguided [View article]
    Very good article on the VIX traded investments, and not overly complicated, like some are. Thank you Barath for your insight.
    Apr 5, 2013. 07:10 PM | 2 Likes Like |Link to Comment
  • ZIV Starting To Gain Momentum [View article]
    You're right about ZIV. It is interesting that it doesn't get much activity, especially considering all the interest in XIV?
    Jan 22, 2013. 12:24 PM | Likes Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    Jon,
    Thanks for the info. Reading the article, it appears SVXY does possibly have tax liabilities (K1) that XIV doesn't have. Therefore, you may have a tax liability, even though you still haven't sold the investment. With a ETN, I believe there is no tax liability until the trade is sold.


    Dec 24, 2012. 11:34 AM | Likes Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    Jon,
    Thanks for the reply. Are you aware of what the tax structure difference is between the two? Being there seems to be added risk in buying a ETN compared to a ETF, there probably is another reason for XIV popularity, and I'm sort of thinking tax issues? Any opinion Jon?
    Dec 24, 2012. 08:47 AM | Likes Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    Being SVXY and XIV have identical performance, can someone explain why XIV has so much more activity than SVXY? I guess it may get down to the differences between a ETF and ETN. What are the specific tax differences between the two? I would appreciate some input, thank you.
    Dec 23, 2012. 09:12 AM | 1 Like Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    In the case of SVXY, contango.
    Dec 7, 2012. 09:52 AM | Likes Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    Looking at the performance charts of both SVXY& ZIV over a period of time, yes, ZIV is somewhat more conservative than SVXY. But, it's really a matter of timing, as it just about always is. SVXY will usually pay a higher return than ZIV will. But, it is at the sacrifice of being more volatile, usually.
    Dec 6, 2012. 09:36 AM | Likes Like |Link to Comment
  • XIV And ZIV Are Huge Success Stories 2 Years After Launching [View article]
    Always thought SVXY and XIV were very good trades for the long haul. You certainly can't say that about VIXY, UVXY, VXX. While it can be very advantages to buy into SVXY when the VIX is high, it appears it also can be very profitable getting in at what may be the wrong time---when the VIX is not all that high. SVXY, XIV have a wonderful risk reward ratio, and from what I can see, even if you get in wrong, it may still prosper. How many VIX associated trades can you say that about!!!
    Nov 30, 2012. 07:43 PM | Likes Like |Link to Comment
  • VIX And VXX Fall As The Markets Fall: Confused? [View article]
    eagle1003,

    I don't believe I have such issues with my trading partner--Scottrade. I have traded several VIX derivatives, SVXY, UVXY and have had no issues with them "borrowing stock" from another investor to my knowledge. In so far as trading UVXY or CVOL, holding them for any more than 1-3 days is very risky! Where as SVXY& XIV, they can be held for actually some time and still profit, if you get in at the right time. Having said that, even if you get in at the wrong time, you at least still have the potential to make a profit, if your patient and the market sort of goes your way. You certainly can't say they about UXVY, VIXY, etc with their death grip of contango!
    Nov 10, 2012. 07:17 PM | Likes Like |Link to Comment
  • VIX And VXX Fall As The Markets Fall: Confused? [View article]
    eagle1003,

    I sort of agree with your opinion. But, what do you mean by saying, "shorting the VIX derivatives would be a great strategy if it weren't for the fact that the short position will get called away from you just when you are making money". Looking at the short trades, SVXY etc. they actually seem to be good long term trades, especially if you get in a relatively high VIX price, which we may be getting close to now. Just don't understand your comment "will get called away". Can you please explain? I'm seriously considering trading SVXY very soon. Thank you.


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    Nov 10, 2012. 02:34 PM | Likes Like |Link to Comment
  • VIX And VXX Fall As The Markets Fall: Confused? [View article]
    NickyCee,

    Thanks for the reply. I understand your point of view. But, aren't you worried about the constant contango with CVOL,UVXY,VIXY,VXX,etc holding them for any length of time?
    Nov 9, 2012. 02:18 PM | Likes Like |Link to Comment
  • VIX And VXX Fall As The Markets Fall: Confused? [View article]
    NickyCee,

    Any particular reason for liking CVOL? It seems pretty much identical to UVXY. When do you anticipate the VIX to start moving towards 60-70. Obviously, a long ways from where we are now.
    Nov 9, 2012. 12:06 PM | Likes Like |Link to Comment
  • VIX And VXX Fall As The Markets Fall: Confused? [View article]
    Scott,
    I'm a novice VIX investor, and was certainly wondering why the VIX didn't perform better than it did both yesterday and today. Reading your article sort of explained it to me, or maybe made it more confusing? Please be patient with my inexperience. I fully understand the roll happens Monday to Jan. options from Dec. options in VIF---learned the hard way about the roll in Aug. with it's roll then. But, essentially when either VIN, VIF have a negative number, compared to VIX, it suppress' the VIX performance, I.E. the price goes down? But, if the S&P goes up, does the VIX price fall less or more than normal? How much difference does it make whether its VIN or VIF that have the negative numbers compared to VIX Scott? Sure hope you can straighten out some things for me in a simplistic way Scott. Thank you.
    Nov 9, 2012. 10:53 AM | Likes Like |Link to Comment
  • Volatility Players: The Hangover 3, Starring Ben Bernanke [View article]
    Good question kris99
    Oct 2, 2012. 10:27 AM | Likes Like |Link to Comment
  • Volatility Players: The Hangover 3, Starring Ben Bernanke [View article]
    dd2020dd,

    You hit UVXY about as good as one can hit it for one day. Huge one day gain! And, it kept going today, at least so far as late morning. Fortunately, I didn't play it. Sure did look appealing when it was in the low 28's though. Just can't get good feeling for what direction it's going, and being it generally losses more than it gains, unless I feel real good about it, I don't play it. Yes, it's too bad considering yesterday and today!

    If I understand you correctly, what you're saying is, if you don't invest all your account into one trade, you can circumvent the 3 day settlement rule? So, if I invest say 75% of account money, I won't entail that issue, and so long as I don't go over 100% of account money for other trades?
    Sep 26, 2012. 12:07 PM | Likes Like |Link to Comment
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55 Comments
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