Ayuda sobre el ETF : VXX
Por favor alguien puede aclararme que significa esta noticia sobre el VXX.
Its official, the iPath S&P 500 VIX Short Term Futures ETN (VXX) will reverse split on October 5, four-for-one.
While I am a little surprised it's not a bigger reverse split, it should make trading the product more fun, as the ability to capture larger moves in percentage drops is much greater for a $32 stock than an $8 dollar stock.
Remember, a 3% move in an $8 stock is $0.24 while its $1.00 in a $32 stock. Much more fun to trade and many more dollars to be made being short. While at $8 the stock is less hard to borrow, look for that to change on the reverse split.
That said, take off positions into the reverse split. We do not want to be holding options after the reverse split, we want to trade new options after the reverse split.
This is a very good thing.
tengo dinero en ese etf y ya me ha bajado bastante , no sé si sacarlo o dejarlo ahi , no entiendo bien que significa eso que va a pasar el 5 de octubre. Me temo que lo dejen a cero o algo así , Gracias !