Faced with the explosion of different computing devices, Schwab has provided a relatively platform insensitive way for Schwab customers to use its flagship StreetSmart Edge® (SSE) package (review). It uses session virtualization to shift the heavy memory and CPU requirements of SSE from your machine to theirs. The only thing left for your computer to do is to refresh your display information and pass keystrokes / …
VZZB‘s intraday indicative (Yahoo) value dropped below $10 Friday October 5th, triggering its automatic termination event. According to the prospectus the holders of record will receive a cash payout value set by the closing intraday indicative value (IV) for the day—provided it is between 0 and 10. Since the final IV was 10.45, the redemption value will be set to 10.00 according to …
Update Friday, October 5th, 2012 | Vance Harwood VZZB‘s intraday indicative (Yahoo) value dropped below $10 Friday October 5th, triggering its automatic termination event. According to the prospectusthe holders of record will receive a cash payout value set by the closing intraday indicative value (IV) for the day—provided it is between 0 and 10. Since the final IV was 10.45, the redemption value …
Update This article was first posted in September 2012. The strategy outlined below worked well until August 2013 and then basically went sideways for over 3 years before perking up again in 2017—when virtually any short volatility strategy worked. I’ve updated the chart and the verbiage to reflect those changes. In September 2017 the Cboe renamed its VXV index as VIX3M. The Cboe does not …
News Recently UBS announced that they shutting down 12 of their 13 volatility based funds. They never gathered the assets needed to make them going concerns. After a long drought we have a new USA based Volatility ETP. First Trust’s CBOE S&P 500 Tail Hedge ETF—ticker VIXH started trading last week, bringing us to a total of 20 US volatility funds (see Volatility Tickers for the full list). This …
