Sunday, May 2, 2010

Bet on VIX spike

Conveniently, Wall Street has made fear a tradable commodity. One way to play it is through the iPath S&P 500 VIX Short-Term Futures fund (NYSE:VXX). Though a mouthful, it simply aims to mimic the VIX. It started trading only this year. It’s done horribly, as you would expect given the fall in the VIX.

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