Quote:
Originally Posted by bagekko
Loving the VIX jump today as now my safety hedge from Dec is almost breakeven. Considering the new global uncertainty, a VIX position isn't a horrible idea vs some sort of liquidation. But geez can't we get more than a few months to breathe.
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Be very, very careful with the VIX, it always loses its entire value over the long term. It's only meant to be held for days not months. You will lose if you hold it long at all. Watch out that you don't get caught in a reverse split, it will skim shares and will be misleading with charts.