S&P Volatility Rising TVIX Target 10% Net

December 2nd, 2019

TVIX 10-1 reverse split thanks to Credit Suisse and the spot is up 10% from open, naturally based on the VIX. There’s an opportunity for a rally within 10 days that could surge VIX levels to 17 from today’s 14.72. That would send the TVIX up to approximately $75 from its’ current $68.77 for a 9% gain.

TVIX BUY
Quote Today $68.68
Target $75
Duration 2-10 days
Estimated 3 days

Target achieved, quote $79.51. The target posted 21 hours ago was $75 from yesterday’s quote of $68.68.

A 9% gain in 1 day! This trade idea exceeded expectations.