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VelocityShares Daily Inverse VIX Medium-Term ETN (ZIVZF)

OTC Markets
Currency in USD
Disclaimer
41.00
0.00(0.00%)
Closed

ZIVZF Comments

every stock, gold, oil has been going up except this trash.
The VIX drops over 8% today but ZIV only goes up 1%. Why is that?
think it tracks medium term vix (6M or so) and that has stayed at an elevated level -> market fear is still there so I don't see this moving much in short term
this ZIV should be at $42 by now.
Currently a waste of money. AVOID from long side except intraday only and even then, expect for underperformance. These products were not designed for +25 vol.
What a bad new is VIX future stay still over 40. I think option premium is still high for people's expectation or don't care of it.
VIX dropped from 66 to 42. ZIV dropped from 38 to 30 , now 33. Makes to sense. Market Makers are Manipulating this Instrument
I agree but how long this price can keep on?"
Not the market makers. It is the design of the ETF. A bit surprised the SEC has not stepped in to halt trade since VelocityShares won't close it themselves. Buyer beware!!!!!
ZIV should be trading @$41-42. Mkt Mkers r Manipulating price
$38 then $40, then $50
soars to $60
This will go up soon.
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