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VXX and UVXY buy and hold contracts in a contango futures market. They are always going to decrease over long time periods. That is their design.
by frgtpsswrdlame 10y ago
VXX and UVXY buy and hold contracts in a contango futures market. They are always going to decrease over long time periods. That is their design.
- owenversteeg 10y agoPeople that don't understand VXX talking about VXX is one of the funniest things on the entire Internet. For some good laughs, take a look at the comments section on this post: https://sixfigureinvesting.com/2013/04/how-does-vxx-work/ https://sixfigureinvesting.com/2013/04/how-does-vxx-work/ A choice quote from elsewhere on the Internet: "Write call spreads, collect $$$ when they expire... this worthless stock is a goldmine!" I have no words.
- meric 10y agoXIV is the inverse fund, it looks like the real gold mine, rising 9 times in a few years.