don't you just hate it when you have a nice profit in a stock and you want to let it ride and instead of going higher it comes right back down, thats happening to XIV right now, bought it last week at $39.40 watched it gap up nearly $2.00 in 2 days and now its falling right back down to my buy price...trying to hold onto to it till next week when apple announces earnings, figure they are going to gap the markets up to historical highs and thats when I could sell...but maybe the markets collapse this week, who knows.
So much wrong with this post, you really need to educate yourself. XIV is not a stock. Stocks are ownership in companies that have fundamentals. Yes, I have seen how you continually try to treat stock indexes as a video game that has nothing to do with the real companies underlying that index. But it's silly and not real, you need to understand what exactly it is you are trading. You can't compare the nature of XIV to owning an equity.