TVIX Update and a Trading Idea
Posted on March 23, 2012 at 12:17 PM EDT
So, we saw that there was a very sharp downturn(50%+) over the past few days as UBS is allowing for share creation (See more detail HERE) The indicative NAV was way below and as of the close yesterday, there needed to be another 30% drop in order to get the price inline with the INAV. [...]