While the last year saw equities climbing from one all-time high to another, the new year started with a sharp move downwards. As a result, it seems to be th...

In a recently published article, the benefits of using VIX call options over SPX put options as hedging tools were discussed (remember: VIX and SPX have an i...

For many years, shorting long volatility ETNs has been among the most crowded trades, and the time decay of the VXX has been the center of attention for vola...

In my previous blog post, I discussed the terrible performance of leveraged ETNs and tried to shed some light on why these products decay over time. The key ...

Over the long-term, most leveraged ETNs lose more than 90% of their value - even if the underlying moves in the traders favour.