SVIX BullishVIX drops, SVIX goes up. It's that simple! Have not seen SVIX drop more than these levels and seems like it's hitting a bottom. Potentially a good place to take a position.
Best of luck and always do your own due diligence!
SVXY trade ideas
Volatility metrics are pointing to short vol trade -> long SVXYThis volatility barometer takes signals for 12 different metrics. We are back to a short volatility trade (until we aren't). But I just watch this signals and stay nimble. Contango or backwardation is helpful but not the entire story.
This is a helpful site:
vixcentral.com
