Talk that TVIX could implode?
For every ETF, there is an inverse ETF.
With markets in a major reversal, will the opposite side of ETFs get blown out?
There is talk that the TVIX ETF is vulnerable. It's a double-long VIX ETF. It hit 15.80 earlier today but is trading at $9.10 now. That doesn't seem too bad and the VIX is only down 20% but the XIV was only down 15% into the close yesterday and it imploded at VIX settlement at 4:15 pm ET (2115 GMT).
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