OK, here's a perfect example of the modest statistical quirks in the VIX that makes tracking each tweak to the penny a bit of a waste of time. The SPX is slightly up, under .5% as I type. VXX, the ETN that proxies for a 30 day VIX future is down .5%. That's beyond in line, that's almost perfect ... Read more

Bill Luby runs down some data on the new VXX Here is a quick summary of the first 22 days, with some takeaways that should prove to be helpful going forward: The median one day percentage change in VXX has been approximately 35% of the change in the VIX77% of the time the two volatility ... R ... Read more

I just took my first two VIX ETN trades (the symbol is VXX). I took the trades primarily to get a feel of how they trade. I like to do this as I’m like most everyone else: when there’s money at stake there’s a heightened level of awareness versus paper trading something. Also, with the marke ... Read more

Click To Play Well, it's Day 1 of the new VIX ETN's. The near month contract trades under the symbol VXX. And remember, it's essentially a rolling 30 day future. It is NOT an ETF on the actual VIX. And remember a VIX future is a bet on where the VIX will be on the ... Read the full post ... Read more