| Previous Close | 4.22 |
|---|---|
| Open | 6.10 |
| Bid | 0.00 x 0 |
| Ask | 0.00 x 0 |
| Day's Range | 4.89 - 5.64 |
What other stocks do shareholders of Credit Suisse AG - VelocityShar own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Credit Suisse AG - VelocityShar investors own include Velo...
What is Credit Suisse AG - VelocityShar's stock symbol?
Credit Suisse AG - VelocityShar trades on the NASDAQ under the ticker symbol "XIV."
What is Credit Suisse AG - VelocityShar's stock price today?
One share of XIV stock can currently be purchased for approximately $6.04.
What other stocks do shareholders of Credit Suisse AG - VelocityShar own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Credit Suisse AG - VelocityShar investors own include VelocityShares Daily 2x VIX Short-Term ETN (TVIX), ProShares Ultra VIX Short-Term Futures ETF (UVXY), VelocityShares 3x Long Natural Gas ETN Linked to the S&P GSCI Natural Gas Index ER (UGAZ), NVIDIA (NVDA), ProShares Short VIX Short-Term Futures ETF (SVXY), Alibaba Group (BABA), Netflix (NFLX), Tesla (TSLA), Advanced Micro Devices (AMD) and Booking (BKNG)..
What is Credit Suisse AG - VelocityShar's stock symbol?
Credit Suisse AG - VelocityShar trades on the NASDAQ under the ticker symbol "XIV."
What is Credit Suisse AG - VelocityShar's stock price today?
One share of XIV stock can currently be purchased for approximately $6.04.
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Credit Suisse AG - VelocityShares Daily Inverse VIX Short Term ETN (XIV) ETF Bio
The investment objective of the VelocityShares Daily Inverse VIX Short-Term ETN seeks to replicate the inverse of the daily performance of the S&P 500 VIX Short-Term Futures index.
When does the VIX spike?
When things are going well, the VIX tends to trend lower and lower. When markets crash , the VIX spikes. Being long the VIX is equivalent to buying insurance against a market crash, while shorting the VIX is equivalent to selling crash insurance.
Why is the VIX fear index called fear index?
Prior to February 2018, the VIX was well known for two main reasons: It had a tendency to spike during severe market selloffs, hence the “Fear Index” nickname. It was a producer of massive wealth for those who shorted it ( shorting is a bet that an investment will decline in price — so ...
What does it mean when the VIX is near all time lows?
The VIX was near all time lows, which meant that the price investors could charge for supplying market crash insurance was also near all time lows. In markets, there is rarely a linear cause and effect.
What happens when you short the VIX?
It was a producer of massive wealth for those who shorted it ( shorting is a bet that an investment will decline in price — so if you short the VIX, you make money when the VIX goes down and lose money when it goes up ). Shorting the VIX became such a popular trade that it had its own subreddit.
Is it dangerous to insure against a stock market crash?
When the thing you are insuring against is a stock market crash, this is even more dangerous . As more investors rush to supply stock market crash insurance, not only is each investor forced to charge a lower price, but also the risk that each investor takes on is increased.
Is shorting the VIX a popular trade?
Shorting the VIX became such a popular trade that it had its own subreddit. And then February 2018 rolled around and thi s happened to investors in XIV, SVXY, and other short VIX funds over the course of just a few trading days (XIV was the most popular ETF, or exchanged traded fund, that shorted VIX futures) — GG. Ouch!
