NASDAQ:XIV VELOCITYSHARES DAILY INVERSE VIX SHORT TERM ETN
The VIX has continued to slide, leaving it only 2-3 vols above the recent natural floor established. That said, the inverse volatility can still climb more than 50 percent before it retest this year highs. One of these two will blink. My expectation is that another bout of volatility comes through and leverages the VIX / stalls the XIV in its tracks.