odysseus2000 wrote:Looking at the backwardisation in the vix:
Once this current contract closes (Wed I think) there is not much slope in the backwardisation which made me wonder if svxy might be good.
I had decided I would not touch svxy ever again, but the more I looked at the above chart, the more it seemed like an opportunity, so I added to my heavily underwater svxy.
Hope I am not buying at a top based on todays action, but if the vix returns to contango, svxy ought to fly.
Ditto. Just a lingering doubt in my mind however given the termination of XIV.