Another TVIX long trade

Another TVIX long trade


This Trade Was Closed March 6, 2012

Sold today at 17.44 for a small profit.

Original Trade Post:

A recent decision by Credit Suisse, the issuer of the TVIX etn, to temporarily halt issuance of additional shares of TVIX has capped new supply of the shares, and could potentially result in TVIX trading at a premium to NAV.

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Trade Details:

  • The Ticker: TVIX
  • The Trade: Buy at $17
  • Target Price: $20
  • Trade Opened: Feb 22, 2012
  • Trade Closed: Mar 6, 2012

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