RSX Arbitrage Opportunity Short

AMEX:RSX240

Description

⋅ Mar 3, 2022 2:21 AM

RSX NAV is 1.29, it's currently trading above 7. Easy trade, short this to NAV.

Comments

Cryptogold14

⋅ Mar 4, 2022 1:48 AM

How did they come up with a NAV given the volatility?

Itamita

⋅ Mar 4, 2022 3:13 PM

@Cryptogold14, vaneck.com/us/en/investments/russia-etf-rsx/

Cryptogold14

⋅ Mar 4, 2022 5:32 PM

@Itamita, Yeah I saw that. My point was that every day the NAV changes dramatically. Hard to believe it will get down to the NAV considering most people are blocked out from trading Russian securities but can still buy the ETF.

cbane

⋅ Mar 15, 2022 4:27 AM

kind of a perfect call

Itamita

⋅ Mar 15, 2022 4:32 AM

@cbane, Made a lot of money on this trade, it was nice