@germantrader
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germantrader replied to the topic XIV Termination Event in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago
I’m in the same position as you are, with a SVXY position acquired in the 100’s.
I’m afraid SVXY is not going back up into the 100s anytime soon. It’s going to take years, if it ever gets there again and one big VIX spike can wipe it all out again.
Here is an article on what happened:…[Read more] -
germantrader replied to the topic I'm Out in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago
David, thank you for the encouragement and Seth Thank you for the offer to talk in private! I definitely got myself over-exposed on this one.
Hopefully gravity sets back in tomorrow or I will have to make some tough calls.
I’m short UVXY almost 40% of my account plus have sold some naked calls on top of that. If we end up with another 20%…[Read more] -
germantrader started the topic risk of SVXY in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 10 months ago
So what do you guys think of just being long SVXY very long term ?
I have a large percentage of my retirement account in SVXY. Too risky ? I know it can theoretically go to zero, but what are the odds?
I wonder what SVXY would do it, if for example the VIX spiked 300% … has anybody modelled such scenarios?
