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gb50k gb50k PRO SPY, D, Short ,
SPY: Short SVXY durring high VIX periods
211 0 8
SPY, D Short
Short SVXY durring high VIX periods

SVXY pays a price when VIX is high (>16).... even when SPY is increasing (see arrows). This is due to rollover but not to be confused with VXX decay due to contango.

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