For a security doomed to decrease in value over time, ProShares’ VIXY does amazingly well. Its volume averages over 8 million shares per day and its assets under management are currently around $250 million, not bad for a product that has averaged a 52% annual loss since its inception in October 2011. This works out to an average loss of almost 6% per month. See …
Benn Eifert’s contributions to the field of finance are impressive but can be hard to find. I’ve compiled links to some of his podcasts below. I’ve collected links to some of his tweets and blog posts also. Podcasts
Benn Eifert’s contributions to the field of finance are impressive but can be hard to find. I’ve compiled links to some of his blog posts below. I’ve collected links to some of his tweets and podcasts also. Posts to Noahpinion Blog CAIA Blog QVR Advisors Website Research Articles (requires name/email to access)
Recently, Volatility Shares announced a 1:5 reverse split for UVIX, effective at market open January 25th, 2023. Since its inception in March 2022 UVIX’s decay rate has averaged around 13% per month. Some investors anticipate significant price moves in UVIX motivated by a reverse split. I’m not in that camp. UVIX’s price is tied to VIX futures’ price, which couldn’t care less about UVIX’s share price. …
Benn Eifert’s contributions to the field of finance are impressive but can be hard to find. I’ve compiled links to some of his Twitter tweets below. I have also collected links to his blog posts and podcasts. Tweets Twitter Thread Date PDF unroll (no ads) Keywords Derivative Notional and Counterparty Risk To briefly reiterate, on derivatives notional and counterparty risk. Dec 6, 2022 Derivatives notional …
