Mark Pfeiffer – Finom Group

Mark Pfeiffer replied to the topic Understanding new SVXY price movement in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 8 months ago

Thank you Seth. Can you elaborate more on how to understand the current relationship between the daily SVXY price and the daily VIX m1 and m2 future prices? Like, what does sustain an IV mean? I really appreciate your comments.

Mark Pfeiffer replied to the topic ProShare Capital Management LLC Plans to Reduce Target Exposure On Two ETFs in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

Is there an opportunity to exploit this as it seems like an overreaction?

Mark Pfeiffer replied to the topic ProShare Capital Management LLC Plans to Reduce Target Exposure On Two ETFs in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

From what I read on UVXY and SVXY, they are changing it from 2x leverage to 1.5x. Ok, that’s a change but it’s not exactly slashing the leverage. I noticed some otm options down 80% like my June 15 calls. I don’t think a 2x to 1.5x cut should warrant an 80% decease. What am I missing?

Mark Pfeiffer started the topic Buying SVXY calls today in the forum UVXY, TVIX, VXX, XIV, SVXY, VIXY, VMAX, VMIN 6 years, 9 months ago

I was looking at buying June $15 calls for around $2. Is this completely reckless and suicidal at this point? What are your thoughts?