b******r
发帖数: 16603 | 1 very big risk in bear market
so only small position
smaller than my FB souvenir buy
by the way, already sold FB.
will hold until my broker force buy back.... |
b******r
发帖数: 16603 | |
b******r
发帖数: 16603 | |
s***7
发帖数: 1644 | |
b******r
发帖数: 16603 | 5 This one acts like options. If you wanna play, be aware of the risk, :)
In a bear market, it might gain daily premium when VIX futures show
backwardation, which is bad for holding shorts overnight.
【在 s***7 的大作中提到】
: nice call tiger god!
|
b******r
发帖数: 16603 | 6 like 6X。。。but it looks to have premium now.
Check out VXX versus $VIX. |
b******r
发帖数: 16603 | 7 ok..closed shorts for today. Maybe shorting again if spike. |
b******r
发帖数: 16603 | 8 covered too early...man...
too early.
Chances are new spike is coming...good... |
b******r
发帖数: 16603 | 9 Covered at 20..still higher than today's close yah. |
b******r
发帖数: 16603 | 10 where is the panic?
200 points for a mere 10% uvxy? |
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b******r
发帖数: 16603 | 11 so weak.. no panic at all. |
b******r
发帖数: 16603 | 12 Next week might have a good chance to short UVXY again.
If no spike, then let it go...not much youshui~ |
b******r
发帖数: 16603 | |
w********1
发帖数: 1414 | 14 不能short啊，short不到。
【在 b******r 的大作中提到】
: very big risk in bear market
: so only small position
: smaller than my FB souvenir buy
: by the way, already sold FB.
: will hold until my broker force buy back....
|
b******r
发帖数: 16603 | 15 Available in TDAmeritrade. Should be still avaiable now.
This one is a nuclear weapon. I only suggest shorting it when huge spike
coming and still, control your risk all the time.
【在 w********1 的大作中提到】
: 不能short啊，short不到。
|
h****2
发帖数: 40 | |
b******r
发帖数: 16603 | 17 This one has much better liquity than XXV. But it looks much more volatile
than xxv. I like XXV since its inception, but feel so sad it is nearly un-
tradble.
【在 h****2 的大作中提到】
: 可以买xiv
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n*******d
发帖数: 115 | 18 当contango很客观的时候，short UVXY 数学期望启不是每天赚钱？ |
b******r
发帖数: 16603 | 19 VIX shooting up all of a sudden could turn contango into backwardation. In
this case, ETFs get premium. VXX could. go up more than VIX after daily
rollover.
【在 n*******d 的大作中提到】
: 当contango很客观的时候，short UVXY 数学期望启不是每天赚钱？
|
b******r
发帖数: 16603 | 20 My experience is that if you can hold your shorting positions forever,
eventually you could short VXX/UVXY etc down. But reality is that your
broker might not let you do it. They will force you to cover before VIX goes
down in a VIX huge-up cycle. So there is still considerable risk associated
with UVXY shorting. Also in many cases, you might not be able to borrow it.
Broker are BLACK, very BLACK.
Buying SVXY might be a better choice. If I understand it correctly, contango
is the dominant trend for VIX futures. Backwardation lasts much less time.
But personally I havenot done any SVXY buying yet. This is only my over-
simplified speculation of SVXY mechanism. SVXY might have time-decay as
other 2X 3X ETFs.
XXV is super and I don't observe any time decay but only premium from
contango for the last couple of years. However, volume for XXV is so low.
Not a very good trading vehicle. |
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n*******d
发帖数: 115 | 21 谢谢你的经验分享。我猜赚钱的唯一办法是自己发行UVXY，不知道proshare是不是只要
发行share就行了，是不是真的在全额资金地操作买进卖出vix futures。如果不用全额
资金操作，那它就可以光发行，就给你个担保就行了，你可以随时以nav的价格来兑现
，但事实上没有很多人会去兑现，有那功夫在二级市场上卖了岂不是更方便。UVXY的
time decay非常厉害，我估算了一下每个月15%，所以如果监管机构不管的话，它是可
以空手套白狼的。
goes
associated
it.
contango
.
【在 b******r 的大作中提到】
: My experience is that if you can hold your shorting positions forever,
: eventually you could short VXX/UVXY etc down. But reality is that your
: broker might not let you do it. They will force you to cover before VIX goes
: down in a VIX huge-up cycle. So there is still considerable risk associated
: with UVXY shorting. Also in many cases, you might not be able to borrow it.
: Broker are BLACK, very BLACK.
: Buying SVXY might be a better choice. If I understand it correctly, contango
: is the dominant trend for VIX futures. Backwardation lasts much less time.
: But personally I havenot done any SVXY buying yet. This is only my over-
: simplified speculation of SVXY mechanism. SVXY might have time-decay as
|
n*******d
发帖数: 115 | 22 而TVIX呢是ETN，Maturity是2030年，所以它根本不用在底下买进卖出vix future，就
是一个担保，在2030年以nav的价值购回，而那时share的相对价值对比20年前的发行价
一定是一个非常接近零的值。 |
b******r
发帖数: 16603 | 23 Yep. I got headache trying to understand TVIX especially when It was traded
at unrealistic premium during the chaos caused by CS notes suspension. I
decided to leave it alone since then.
而TVIX呢是ETN，Maturity是2030年，所以它根本不用在底下买进卖出vix future，就
是一个担保，在2030年以nav的价值购回，而那时share的相对价值对........
★ Sent from iPhone App: iReader Mitbbs 7.56 - iPad Lite
【在 n*******d 的大作中提到】
: 而TVIX呢是ETN，Maturity是2030年，所以它根本不用在底下买进卖出vix future，就
: 是一个担保，在2030年以nav的价值购回，而那时share的相对价值对比20年前的发行价
: 一定是一个非常接近零的值。
|
