Selloff or Market Correction? Either Way, Here's What to Do NextSee Overvalued Stocks

-1x Short VIX Futures ETF (SVIX)

NYSE
Currency in USD
24.67
+3.19(+14.85%)
Closed
After Hours
24.76+0.09(+0.36%)

SVIX Comments

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30
Buy Svix
Inverse SHS, buy svix now
vix shot uo yesterday, todays is dropping and this doesn't go up, worst etf ever!!
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You probabky will want to see how it moves on a longer time scale although it would be nice if it moved as expected on daily basis.
Svix still has room up trend
nahh is done, maybe in some months gona go up, but gona take time
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September and October are seasonaly volatile so it’s not surprising that it’s taking a hit right now. That said once the worries are more behind us. It should rocket up again.
Svix is still good to go more up to fill gap at 30 or higher
Svix is currently oversold. Buy it now
Agree
In at 38.72
SVIX $37.82 +0.32% at Close! Closing out all long position at cash open 12/15/23. $BPSPX at 79.60%.
SVIX $30.90 +0.95% @ Close!
SVIX $30.35 +2.05% @ Close!
SVIX $23.47 -7.72% @ 02:10 PM ET
In @ 23.17
Out
... $29.61 @ 11/06/23 Close.
... Monthly Pivot was $26.13
Man, this thing just pays off big time after every vix spike. Still got a gap at 31.21. Shouldn't it fill?
UVXY ... will show the greater disparity as that ETF bumps up the number of vx futures contracts in order to convey the additional leverage. That additional leverage, again depending on how much contango there is in the futures, is what can work against it.
I've got a pretty sound basic knowledge of how contango works with vx, but I'm not sure how to see what contracts svix is holding at any point. I'm going to research contago more, but where would I look for svix holdings, if there's even a place? I appreciate your insight.
... The etf sells short vx futures contract 30 days out. It does that every day. Then 30 days later, it is buying back that same contract. Where it gets its best performance is when contango has it selling 20 and covering 18 as opposed to selling 20 and covering 19. Losses when its selling 20 and covering 21.
SVIX $26.09 -9.19% @ Close!
How will the FED keep.manipulating oil with Japan out of money?
Once Biden refills the SPR after draining it into the mid-term elections, then come back and try the oil manipulation jabber. You might get some nibbles then.
UAE cuts, jpow have put svix higher, vix thus go down, leading to stocks going up.
I like this etf just wish the options had more liquidity
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