TVIX, daily
UVXY, daily
Summary
*first, an update on the VIX, which saw a net weekly gain of 5.1%.
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As for TVIX/UVXY, both instruments broke new historic lows this week, as the VIX equalled last Friday's floor of 13.75 on Tuesday.
*I'm looking to build up a long-VIX position across the next few weeks, seeking VIX 30/40s by late April/May.
There is serious threat of VIX 50/60s, if market turmoil in June - not least if the UK votes to exit the EU.
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As ever, such leveraged instruments are for short term holds (almost always), due to the underlying problem of statistical decay.
