4 ms·

Any particular reason?

• herge 11y ago
  It's cheap today, maybe not tomorrow when the panic will have worn off.
  • cynicalkane 11y ago
    To algo market makers, inverse and leveraged indices are free money. They are bought almost exclusively by clueless traders with poor execution, making it easy for market makers to shave their pennies, and due to their dynamic leveraging requirements, bleed value during market gyrations like a puddle evaporating water. Don't buy indices with a coefficient other than 1 unless you think Wall Street is a noble cause to give money to. If you want to short volatility, use options on major indices. Better yet, don't short volatility at all unless you know what you're doing.