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To: Privately who wrote (51724)11/14/2024 4:17:18 PM
From: Elroy  Read Replies (1) | Respond to of 52117
 
No, I'm not teasing about ZIVB.

It's been a money machine paying about 28% per year, but the ETF price collapsed badly in the volatility panic that happened a few months ago. If volatility does not have an insane spike (which happened in the global financial crisis in 2008 and in 2020 at the start of the pandemic) I expect ZIVB to pay well also appreciate a bit in value.

But I can't claim 100% understanding of it. It basically does what I said - short the 4-7 month VIX, and when the 4 month becomes the 3 month, buy back the short position and short a new 7 month VIX.

Works great!