As a potentially profitable opportunity presents itself, John will send you an alert with specific trade information as to what should be bought, when to buy it, and at what price.
Trade Alert – (XIV)- BUY
Buy the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) at $23.20 or best
Portfolio weighting: 10%
Number of Shares = 431 shares
You can pay all the way up to $24 for this Exchange Traded Note and it still makes sense.
I?m betting that sometime in my life, the Volatility Index (VIX) will trade below today?s $31. In fact, I expect it to trade back to the mid teens within the next two months.
If that happens, the Velocity Shares Daily Inverse VIX Short Term ETN (XIV) should double in value from the current level. Even a miss generates a huge return for this trade.
This is a rare opportunity for you to join almost every trader in Chicago on the short side in the (VIX) trade. You have just been adopted by a new rich uncle.
For a detailed description of this 1X short volatility ETN please click here for the issuer?s website at http://www.velocitysharesetns.com/xiv
Here are the specific trades you need to execute this position:
Buy 431 shares at????.??$23.20