Three weeks of CVOL—a wild ride
Redirected Citigroup’s new volatility ETN, CVOL has only been trading since November 15th, but it is starting to show some intriguing results. Designed as a 2X leveraged volatility offering, in a class of products that are already known for volatility, we can expect a wild ride. So far it has lived up to its billing with a high of around 110, and a …
