Cheese
1,374 posts
msg #141863
- Ignore Cheese |
2/4/2018 9:04:30 PM
Lots of misinformation and wrong terminology on Twitter, so I would like to learn the proper things from you guys and other sF experts.
1. Apparently, SVXY prices have been reflecting short vol more accurately than XIV.
Trading SVXY means complicated tax forms required for IRS.
Do you monitor SVXY for any trading value info?
2. Currently, XIV has been trading below its indicative value (IV).
Many days ago, XIV traded above its indicative value (IV).
Sometimes, some people refer to IV as intrinsic value, sometimes as NAV net asset value.
I am guessing that NAV is the wrong terminology here.
When XIV traded above its indicative value (IV), some people said XIV traded at a premium.
Now, XIV traded above its indicative value (IV), some people also said XIV traded at a premium.
When do we say "XIV traded at a premium" and when "at a discount" ?
3. Some people went a step further, and said "premium should come off". Does this "above IV"
or "below IV" have any useful info value ?
Thank you for any light you can shed on the above.
|
pthomas215
1,251 posts
msg #141895
- Ignore pthomas215 |
2/5/2018 5:33:41 PM
XIV is 28 bucks. Is Kevin's system showing any sell signals yet?
|
Cheese
1,374 posts
msg #141899
- Ignore Cheese
modified |
2/5/2018 6:34:01 PM
This will be my last post. Good bye and thank you, everyone.
|
dtatu
143 posts
msg #141900
- Ignore dtatu
modified |
2/5/2018 6:41:46 PM
Well, I was lucky enough not to trade with real money this instrument.
at 18.40 ET, , it s going down to Zero??? bid 16.40 ask 16.41
Maybe , just an anomaly , a HUGE ONE !!!
it might be a HUGE buying opportunity, but WHO has the guts to buy it here??
Ill put a Buy at 1!
|
pthomas215
1,251 posts
msg #141902
- Ignore pthomas215 |
2/5/2018 6:46:53 PM
dtatu, buy a PUT option at $1 !!. This ETF is likely to be terminated. Im moving to SSO anyways.
|
dtatu
143 posts
msg #141903
- Ignore dtatu |
2/5/2018 6:58:55 PM
well, it never had options!
I tried to get in at 10, 11, 12, no fills
It s going up
|
dtatu
143 posts
msg #141904
- Ignore dtatu |
2/5/2018 7:03:01 PM
I got 50 at 15 !! 750 risk / roulette
|
pthomas215
1,251 posts
msg #141905
- Ignore pthomas215 |
2/5/2018 7:03:28 PM
i was just joking. never seen anything like this. you cant short sell XIV for the first time i have seen. cant short VXX. cant short TVIX. nuts.
|
dtatu
143 posts
msg #141906
- Ignore dtatu |
2/5/2018 7:05:27 PM
I put buy orders at 10, 5,1 LOL
|
dtatu
143 posts
msg #141908
- Ignore dtatu
modified |
2/5/2018 7:17:40 PM
You can always sell MARCH credit call spreads out of money in VXX or buy FEB or MARCH put debit spreads in VIX at or in the money hoping for a return to the mean
|