The Super Terrific Happy Hour
- Thread starter Max E.
- Start date
God, the two of you are so right... I've been overthinking this for way too long. I should liquidate all my current positions and just go all in SNAP, TSLA, and AMZN. Come back in 10 years to a 40,000% return and go meet Warren BuffettLOL, if anythinmg its probably a huge bonus its not making money cause if it was making money it would be trading at like 4000 times earnings and people would realise how dumb they are being.
You'd have done better than my dividend-heavy investment portfolio this year if you had.God, the two of you are so right... I've been overthinking this for way too long. I should liquidate all my current positions and just go all in SNAP, TSLA, and AMZN. Come back in 10 years to a 40,000% return and go meet Warren Buffett
I have a serious question for you guys that I have been pondering lately. So right now the front and second month VIX futures are flat. They were also flat this morning and the UVXY was around 29.4. Since no transactions have taken place, why is this? The UVXY.IV is trading right at this moment at 29.66. Is it all speculative premium on where things are going?
UVXY is a leveraged instrument, and they have to keep on rollling over options on it in order to get the leverage, so its just constantly bleeding unless the VXX is going up.
That would make sense if it was down, and if this was a different day. This has only been over the span of a couple hours and they only rebalance daily at 3:15 CST from what I've read.
