Comment by terminalshort
3 months ago
It's not tied to the spot price of the VIX because there is no spot price. It's a third order calculated quantity based on options pricing. Not that anyone who gambles on that ETF knows that.
3 months ago
It's not tied to the spot price of the VIX because there is no spot price. It's a third order calculated quantity based on options pricing. Not that anyone who gambles on that ETF knows that.
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