Monday, February 6, 2017

VXX Prospects...02.06.17

As the VIX continues to roll down here's a look at the VIX proxy ETF VXX.  Lots of daily volume, narrow spreads and a rich options chain make this ETF one of the daily big trades.  We've profiled this ETF many times before and the main caveat it that any long positions should be extremely short term due to the intrinsic decay function built into the security.