As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.
Trade Alert - (XIV)- BUY
Buy the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) at $24.32 or best
?RISK ON?
Opening Trade
9-24-2015
Portfolio weighting: 10%
Number of Shares = 412 shares
You can pay all the way up to $25 for this Exchange Traded Note and it still makes sense. THIS THING WAS TRADING AT $32 ONLY LAST WEEK.
I?m betting that sometime in my life, the Volatility Index (VIX) will trade below today?s $25. In fact, I expect it to trade back to the mid teens within the next two months.
After spending years stuck in in the $12-$15 range, it was nothing less than mind blowing to see it spike up to $53 August.
For a detailed description of this 1X short volatility ETN please click here for the issuer?s website at http://www.velocitysharesetns.com/xiv.
Here are the specific trades you need to execute this position:
Buy 412 shares at????.??$24.32
Net Cost:???????????????????$10,019.84
