ant_ku
Long

SVXY -- Broken ETF? or Trade of the century?

AMEX:SVXY   PROSHARES TRUST II SHORT VIX SHRT TRM FUTRS ETF
533 views
3
So as we all know, the $SVXY ETF's panic mode was activated after hours on mon 2/5/18 causing a, to put it lightly, TREMENDOUS sell-off in after hours trading. If SVXY opens down around the current levels, I am willing to bet that the the SVXY ETF will not remain 'broken' and will be 'fixed', so to speak, and retrace much of its after hours move (my guess is to the the 600MA? lol)

Comments

that's not how this etf works, it emulates the daily move of vix, the loss cannot be recovered unfortunately
Reply
@drshoe, that's not 100% correct... longterm (depends on the volatility) SVXY can recover. so after the corrections the volatility will go down again, the VIX will go down and as a conclusion the SVXY will go up again.
Reply
drshoe FXFreedomFighter
@FXFreedomFighter, sorry I meant not in the short term. in the long term if the market remain low volatility then it could recover theoretically.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out