How Does Volatility Shares’ -1X Medium Term ZIVB Work?

This post will discuss how ZIVB works, including how it trades, how its value is established, what it tracks, tax treatment, termination risk, likely liquidity, and performance simulations.  Volatility Shares’ new -1x Short Mid-Term VIX Futures ETF (ticker: ZIVB) started trading Wednesday, April 19th. After a gap of over two years, volatility traders have access to a -1X leveraged mid-term volatility ETF. ZIVB’s Prospectus is …

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UVIX Reverse Split History & Forecast (13-Aug-2024)

I’m predicting, based on decay rates and previous reverse splits, that Volatility Shares’ next UVIX reverse split, will be 1:10 reverse split, and will occur around 13-Aug-2024 Since its inception in March 2022, UVIX’s decay rate has averaged around 20% 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 …

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Benn Eifert’s Twitter Threads On Finance

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 …

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