Subject: Update on Last Week’s SVXY Volatility Trade
Update on Last Week’s SVXY Volatility Trade
September 4th, 2015 at 12:37 pm EDTDear Friend,Last week I suggested buying two calendar spreads on the inverse volatility ETP called SVXY. At the time, it was trading at $58 and history showed it was highly likely to move higher in the short run. It didn’t. Instead, it has fallen t ...