VIXM
ProShares VIX Mid-Term Futures ETF
Mentions (24Hr)
0.00% Today
Reddit Posts
Thoughts on buying VIXM now, as a hedge against volatility in S&P?
Growth opportunities in emergent markets. (Semiconductors, energy, etc.) Which sectors are at the top of your list and why?
I have bought large amount of VIXM expecting the market to crash.
VIXM as a hedge or counterweight or to lessen volatility, rather than boring old bonds
Outrages predictions 2022 US inflation reaches above 15% on wage-price spiral
Outrages predictions 2022 US inflation reaches above 15% on wage-price spiral
I love this community of apes. However, my previous post vanished it is good info. Im
Mentions
VIXM, which has lost 95% of its value since inception and only spikes during periods of volatility, had a great year last year. Up 5%+
SVXY? VIXM? don't leave us hanging
Bought 1k shares. Will buy more of $VIXM
I don't look at volumes or VIXM. But that's just me -- there might be better indicators.
Do you look at mid term vol or just vxx? I look at VIXM: this became elevated months before the election. Then that vol went to short term vol. Vxxcentral.com has the data: you can go back 5 months before the election, to 2008 or 2020. I saw a kink in the vxx futures (elevated mid term) that was not normal compared to history.
Knowing there’s probably gonna be a big drop what would you guys think about putting money short term in VIXY or VIXM to make so quick gains and pull out before market close on Monday?
The leveraged etfs move big and fast, really have to watch them. SH isn’t. It’s nice and slow, just inverse SP500 I think the Vix might be helpful, like VXX, and VIXM. There are a few. The volatility seems sure to wax and wane quite a bit for a while, seems to me. Absolutely diversify. Everyone is affected by our economy but lots of markets are performing better than we are and are a good value. The Vix can spike quickly when the volatility is high. For example, VXX might be trading in $70s , volatility in the “high” zone and it will suddenly spike to $90 and subside quickly, so I maintain an open limit sell order for partial shares in hopes of catching the spike and have done so once already, at $90. This crisis taught me not to neglect international diversity. For years my Europe etf seemed to just lie there, and my em had scary china gov rug pulls all the time. I’m upping international a lot.
Those do exist. Just pick an ETF that tracks the VIX. VIXM is up 30% YTD, for example.
Just VIX? Not UVIX, VIXY, VIXM etc?
Try vix mid term futures. Theres an etf VIXM its safer imo
About 23 years. Got in after 9/11. Became more bullish after 2020 election. Took lots of profits this January and invested into VIXM. The best investors are students of history. I do not mean the history of the stock market.
The VIXM, bonds, and interest-bearing accounts.
The decay factor is what I was trying to find but have not been able to find any solid information on it. I guess my fundamental question would be: if I but 100 shares of VIXM now and 100 shared of VIXM in 3 months time, will they decay at the same rate? Or am I essentially getting a new 5 month rolling window of options? I'll likely sell my current holding for a modest profit soon, but then I do think there may be value in buying back in in the near future as recessionary leading indicators begin to appear (as I expect them to). Would that just be a pointless wash sale or am I actually mitigating the decay risk by selling older holdings and buying new ones? Thank you for your reply!
They do decay to zero. Zoom out on the chart and you’ll see that. VIXM is medium term volatility, so it has a bit loss of a reaction then something like VIXY which is short term. If you hold either of these for longer than a month you are asking to lose money although VIXM being less volatile is probably better for medium term holds. Basically you are playing the volatility of the market, so if the market goes up or down a bunch you can make money although traditionally it is mostly used on the down side. Buying VIXM when you did was actually a pretty prescient play because we know this is going to be choppy. That said though I would be looking for an exit in the next couple months because if the market starts just trending down consistently or reverses course and trends up you will lose money at a fast rate.
Hey, I am trying to find a way to trade options on VIX, I know that etf's like VIXM exsist however they barely align with the actual movement of VIX, would greatly appreciate the help
Liquidated 80%, including 100% of my clean energy holdings, and put most in high-yield savings. Bought the VIXM, and a new Sony OLED. Kings are bad for business.
Does VIXM just follow the VIX? If so, seems so easy, just buy when Trump is quiet for 24 hours, sell after the next idea comes out? Rinse, repeat.
I'm with you, it's been an insane run and we are, as they say, at the behest of a madman. People have gotten complacent and greedy "how come my latest stock buy only went 20% up in 3 months what a dog" They foolishly assume that it will kind of be similar to Trump's last term but it's going to be a complete shit show! The consumer confidence, and job numbers, will surely suffer. I'm just keeping a fraction of my tech stock holdings, and loaded up on some VIXM and GLD.
Yep. I took profits, I'm in VIXM
So what the fuck are we talking about here? $VIXM calls? My butthole is still bleeding from $SPY puts I bought last year 😩
fuck buying puts, i'll just buy calls on VIXM. puts are for regards
That's why I prefer shorting VIX futures. There's smaller ones VIXM that don't require a big account.
The empty elevator shaft trades are the BEST. The next “invest-able” low could be several weeks (and several thousand points down) away. If you buy puts then just go long some stock/ETF — DDM is 3X bullish on the DJIA. DDX is 3X bearish. I have a bit, but missed the whole volatility spike but VIXY and VIXM look like two of the better instruments for trading the VIX/volatility.
Anyone know anything about VXZ VIXM? Hey are like VIX but for 4-7 months out. I lost a lot waiting for this volatility, hope to break even! I have about 40 calls on volatility spike... but I'll probably flub it
As you can see, UVXY UVIX VXX and VIXM are all in backwardsation. If this stays current, you will gain money off of these and loose on SVXY SVIX and ZIVB
If you want a VIX play try VIXY or VIXM. they’re all dangerous, but highly profitable if you time the spikes well. Way easier said than done. GL
UVXY and UVIX, some people also like VIXY and VIXM. But the problem is that they’re all designed to lose value due to volatility being mean-reverting and coming back down after every spike. So they may work for short-term plays when you think volatility will increase. Otherwise SVXY and SVIX usually win over long-term, being opposite to UVXY and UVIX.
What does anyone think of entering a position in VIXM in the coming months? We've been surprisingly stable with low volatility even with some geopoltical issues, but I suspect that with the presidental election as well as a looming government shutdown and possibly the Ukraine war ramping up and the Israeli situation that we will become more volatilite in 2024 from this relative stability
You can sell puts on SVOL, VXZ, or VIXM.
there are many etf's that index the VIX UVXY - triple leveraged short term VIX VIXY - short term VIX VIXM - medium term VIX these are a few
On TDameritrade I’m only finding VIXY and VIXM where can I even find just VIX?
VIX is cash settled, so this won’t work I have done what you describe successfully on VIXM, although liquidity isn’t great. Bear call spreads on VXX also tend to work if you can fill for a reasonable spread, which isn’t often
As noted, this isn't investing and is closer to speculating or perhaps hedging. If you look at the historic chart, the VIX has a pretty narrow trading range. It drops perhaps as low as the low teens then bounces into the 20s on baddish news and the 30s in big bad news. I've had some limited success buying into the vix at lowish points -- I usually work out some sort of "floor" price for the trading period. Then get some VIXM -- the short term stuff is too spiky for my tastes. I set a cascading series of auto-sales orders and let it ride until something happens and the VIX spikes. Collect the money, wait until everyone remembers the world is not going to end and repeat. Again -- not the greatest of strategies, especially alone. I'm counterbalancing this against a lot of long plays, it is essentially a tool to generate cash in the event of a downturn for me.
Thoughts on VIXM calls for 6/16?
If I want to buy VIX calls what ticker would y’all use? VIXY, VIXM? Not looking for leveraged
When you say VIX are you referring to CBOE? UVXY,VIXM, and VIXY are Vix ETFs. The VIX index itself is not tradable. I personally agree with you though think I should have waited until next week to enter into UVXY to avoid some contango. Buy UVXY options, and then sell and shift into SVXY after any large spike. Sell the SVXY after the ceiling has been raised. If no Spike occurs by 5/24, and the limit hasn’t been raised, I’m buying UVIX options for double leverage as opposed to UVXY 1.5 leverage.
I can only do options on UVXY , VIXM and VIXY any play on these? Seems to risky with theta.
u can trade VIX ETFs such as UVIX, UVXY, VXX, VIXY, VIXM, VXZ, SPKY etc some have options... VIX index itself has weekly and monthly options on it
I’m on TDA. Is the ticker VIXY$ VXX$ VIXM$? I can’t find the one everyone is always talking about.
Not Bbby or NVOS. I am just holding VIXM.
VIXM, VIXY, SVIX, SVXY, TVIXF, UVIX etc. You traded it before?
XYLD is only down 8% when factoring in the yield. DIVO and JEPI are around 0% in total return. If extreme volatility is an issue, buy VIXM. SPY would take a huge dump anyway
Wheeling on margin is good if you have exposure to long vol underlying. Eg, wheeling VIXM and SARK In addition to low beta value stocks.
God I need this. I have $32 12/16 VIXM puts I need to print
My point exactly I think I'm gonna buy like 10 shares of whatever, VIXM maybe
Where you buy VIX at? I'm able to buy VIXY and VIXM on Webull.
Svol is interesting. I’ve gone done the dragon portfolio rabbit hole, but the volatility area is confusing. Can you elaborate more on that area or have any articles/resources to recommend? I get it in concept of making money from volatile environments but where I get confused is looking at the charts to stocks like VXX. Skyrockets with Covid which makes sense then plummets 90%. Then compare it with something like VIXM which looks much more steady.
I only lost a years pay lucky me. I stupidly keep long term treasuries even though I already found the replacement for them as a safety asset by using VIXM (volitily index futures). I knew the fed was raising rates and I thought man I should probably replace treasuries with vixm. But did I no. I would only be down 4% if I did that. Damn it.
VIXY, UVXY, VIXM whatever you wanna invest in I think it was obvious
I am a bot. You submitted a picture of a banned ticker, VIXM. The market cap of VIXM is **47776358** This check will fire if you included unnecessary pictures that have bad phrases or a bad crop with news about cryptocoins, for example. Repost with the useless pictures omitted if you did that. Yell at /u/zjz if it's above 1 billion-ish market cap and not related to crypto/pennies/OTC.
You could allocate a small portion to VIXM and BND and come out ahead [Check this allocation 85% VTI, 6% BND and 9% VIXM](https://www.portfoliovisualizer.com/backtest-portfolio?s=y&timePeriod=4&startYear=2011&firstMonth=1&endYear=2022&lastMonth=12&calendarAligned=true&includeYTD=false&initialAmount=10000&annualOperation=0&annualAdjustment=0&inflationAdjusted=true&annualPercentage=0.0&frequency=4&rebalanceType=1&absoluteDeviation=5.0&relativeDeviation=25.0&leverageType=0&leverageRatio=0.0&debtAmount=0&debtInterest=0.0&maintenanceMargin=25.0&leveragedBenchmark=false&reinvestDividends=true&showYield=false&showFactors=false&factorModel=3&portfolioNames=false&portfolioName1=Portfolio+1&portfolioName2=Portfolio+2&portfolioName3=Portfolio+3&symbol1=VTI&allocation1_1=80&allocation1_2=80&allocation1_3=85&symbol2=VIXM&allocation2_1=20&allocation2_3=9&symbol3=BND&allocation3_2=20&allocation3_3=6) You get lesser volatility, lesser drawdown, better sharpe and sortino as well. compared to VTI/BND portfolio. The above is with annual re-balancing but quarterly rebalancing bumps up the ratios slightly
VIXM mid term futures for volatility and gold. Don't buy sp500, but instead buy small cap and mid cap value.
Yes, I have also noticed them. VIXM doesn't seem to suffer from the effects of contango as badly as the other VIX products. And it seems to provide a good buffer during truly catastrophic drawdowns like in March 2020. During smaller selloffs, it appears less effective. It probably underperforms bonds in flat markets though.
Long total market index + VIXM is essentially another form of long SPY LEAPS options. It's another form of Long Stock + Long Put, a.k.a Synthetic Long Call. You get all the upside with limited downside because the VIXM acts as insurance, which is very much like a put option. You pay for this insurance though, insurance is not free. For the long put, you pay it through paying the put premium. For VIXM, you pay it through the roll cost since most of the time VIX futures are in contango. Front month is cheaper than the back month, so every time you roll, you are selling the "cheap" expiring future and buying the more "expensive" future. Since we had a crazy bull run the last 4-5 years, any form of SPY LEAPS / Synthetic Call would have done well. So just buy a SPY LEAPS and save yourself the trouble of worrying about buying VIXM.
Could Vix be untethered because of the issue with VXX? I mean, VXX is almost as big as VIXY, SVOL, VIXM, and VXZ combined
VXX, VIXY, VIXM, or UVXY though is the actual question
As requested, I added some analysis on the bottom (VIXY, VIXM, SQQQ, SH, UCO etc). In general, I thought the whole point of the "News" tag in WSB was to post news...
😅 I mean... new data point? VIXM isn't signaling one way or other imo right now. Guess (pure guess) is that it's signaling a few more days of pain. Then slight respite into fed meeting. Then you should start making a shopping list. And set target points to add positions. Could see rapid pops and drops. But more likely extended declines in overstretched shares. Still thinking market will be flat for a year or two. Trying to revisit my past guesses and see if I'm right, wrong, neither.
Using a technical indicator on a derivative like Vix doesnt really make sense because its "price" or really level, is simply a measurement of volatility so it is not based upon the common market principles that would make something like RSI or MACD or any other technical indicator as meaningful. With that being said you can use other Vix derivatives, and trade the underlying or options on them, like $UVXY, $VIXM, $VXX, or Vix futures which are $/VX Id just like to point out that none of this is probably a good idea without truly understanding the underlying product because each ot this Vix products are different. $/VX would be the most straightforward to trade if you understand futures There is no other financial product really like trading volatility.
Except with VIX, since futures are settled at the end of the month, there’s the continuous expectation that volatility will change before expiration. The vast majority of time is spent in contanto, so long term, any long volatility product will decay from rollover costs. Check out products like VIXM to see what I mean.
VIX options do track the VIX index (of course, the index is the underlying) but they do so with a pattern that is consistent with the pattern displayed by VIX futures contracts like VXM. To understand the options behavior, you really have to understand the behavior of the futures contracts. Because the VIX index does not follow a daily time path that can be shown to be consistent with the assumption that the daily log growth rates will roughly fit a normal distribution (which implies that prices will roughly fit a log-normal distribution), which is assumed for stocks whose options are priced by traditional options pricing models, calculating the "Greeks" using models like Black-Scholes-Merton is essentially an exercise in generating gibberish. I think the best avenue for trading VIX options is to first trade VIXM futures for awhile to see if you can make sense of the patterns. To begin with you have to learn what a contango is and how it affects your longer-term bets. Some traders describe the VIX as exhibiting "mean reversion," but I also regard that as misleading - there is a clear reversion pattern, but it is not to a mean, it is to a number that itself is slowly trending up and down. Likewise the pattern is erratic and asymmetric. I think new traders who are patient, willing to lose a little, and persistent, can possibly figure it out and begin to trade in this arena. But you had better not just rush in. The VIX ETFs are crap. They hold futures or swaps that are linked to futures and because they are persistently in contango (there is that word again) they (the ETFs) exhibit a property that is very similar to time-decay in options, which is to say that the asset value erodes slowly over time. IMHO it is worth the exploration if you have the patience. A little bit of math background certainly helps (to even understand the VIX indexes, let along their derivatives). This is a very interesting domain, and at times like this it is interesting and important ... and maybe profitable. [I trade almost entirely volatility in multiple markets, and trade heavily in VXM].
What exact VIX chart do you use? I’m on TD and there’s a VIXY, VIXM, not sure which one everyone uses
I definitely learned a very expensive lesson. I basically payed for very expensive classes in experience moving around in the market. I will not make the same mistake again. Can't say it doesn't hurt to see it bleed out that way but I'm thankful for the lesson. Pain is sometimes the best teacher they say. I've been reading charts better. RSI and moving averages better. Trading alongside TLT, VIX, VIXM, RUT, DJI, ES!1, US10Y, US02Y. Being more patient stepping in to stocks instead of letting fomo take over. Looking at balance sheets and income statements. Making sure the company makes sense. Operating margin, debt, return on assets, equities, growth year to year, volume, sector overall performance. Is the company something essential to the consumer. Is the company operating and selling products or service with a good return and reducing debt. Insider trading. What about the peers in it's sub sector? Are they better? They they have better risk to reeardy? I'm looking at everything closely and weeding out the zombies and laggards. The bull traps. I definitely have matured a bit more in the market with the pain. Since early November, I've come at the market different. Right now I'm more industrial and energy sector heavy in my 2nd portfolio. I appreciate the reply. Hopefully Jerome Powell comes out with some decent news today.
What’s the ticker symbol? VIX? Is it VIXY or VIXM? I can’t find VIX
I think there's some volatility arbitrage to take advantage of here. I've just gone 20% into $VIXM. I'm now 40% $XLU, 30% $GLD, 20% $VIXM and 10% cash.
No VIX on Ameritrade, only VIXY (vix short term) vs VIXM (vix mid term) what’s the difference?
I think if I take UVXY, VXX, VIXY, SVXY and VIXM and assign them number 1-5 and use random number generator to select one, then use again to select 1:calls or 2: puts I will have better luck than anything I am going to choose on own.
I've put into VIXM for hedge that's one way
Put into a "dragon" portfolio and let it sit there until you figure out what you want to do... 13% IVV 10% VXUS 20% VIXM 18% GSG 10% IEF 7% TLT 18% GLD 4% GBTC or just hold some basket of most capitalized bitcoins in a separate account. Thank me later;)
I’m also long on UVXY with OTM calls just under 2 standard deviations from the 30 day mean. Also selling slightly OTM calls on smart Center REITs, Cash secured puts on debt free gold companies and a straddle of VIXM. I also am buying calls and puts on BTE due to the lack of liquidity and short float.
DBA for writing Covered Calls, XEG.TO for Selling CSP and VIXM for buying calls and puts. VIXM is my fav because it has one of the highest Betas and a low IV/HV compared to all other VIX ETFs. Occasionally, after a big spike, I sell all my OTM calls. buy underlying and write CCs when IV is high.
I typed it in on Schwab and a bunch of different ones come up though. VIXY, VIXM,TVIXF, VXX. I don’t see straight up VIX?
No, not cash. Some sort of volatility ETF like VXX, VIXM, etc. along with 10 year Treasury bonds ETFs will be a sufficient hedge for bullish positions. If you're in it for a while,*time* in the market beats *timing* the market
Cool as a cucumber with .05% of my portfolio VIXM shares. That will totally even out!
yep, long VIXM. sold FCX this morning for a profit
VIXM if it keeps dipping. Fucking take your pick if the market goes up. Not much left in big tech thats not oversold
I have been advertising free money on VIXM for 2 days, lol
If shorting is against your religion, buy VIXM
What are peoples thoughts on using VIXM for a long volatility position?
No, the underlying is the VIX index itself. Real brokers allow you to buy and sell cash-settled options on the VIX index itself, not VXX, UVXY, VIXM, etc. The underlying is not a futures contract on the calls OP is talking about.
Lol 😆 you should have bought $VIXM that fund is for day trading, the decay alone will burn your account even if the spy drops 10% over a few weeks. Why even make such a lazy and autistic trade? Uvxy requires a major 1 day move, not a slow 1 month one. (Even then it sucks)
VXX and VIXM on robinshit... and ya i know they arent VIX but who gives a fuck anymore
You can’t trade VIX directly. The VIXY or VIXM you’re thinking of are still base on futures, and attempt to give exposure to volatility.
You can’t trade VIX directly. The VIXY or VIXM you’re thinking of are still base on futures, and attempt to give exposure to volatility.
I’ve been buying puts on random tech and calls on VIX and cousins. Hasn’t been working that well lol. UVXY just tanks or stutters regardless. VIXM dgaf. SQQQ sort of responsive.
Less decay, worth holding as a hedge overnight at least. Made a fucking killing back in June on calls going into that JPOW talk even though it was just a hedge for my actual play. None of the VIX plays are really long-term holds, though in this environment VIXM isn't too bad.
for those to lazy to buy their own options or deal w expirations. $VIXY shortterm, $VIXM midterm, $UVXY leveraged, but remember you're always fighting the yield curve, Baadd LT holds
VIX related products tend to work well for me, though they don't make very good long-term holds. I like VIXM as a hedge.
Yep, that’s my thought. I’m VIXM because I don’t think there’s going to be a correction until after all the stim
It shoots up when volatility goes up, which usually happens during sharp downturns. VIXM also tracks mid-term vix futures which is often more stable than short-term vix futures (that VXX tracks), which means there's less roll-over decay and I won't lose as much money in case we actually don't get any volatile movements in the market.
VIXM is my choice of hedge when I expect a sharp downturn in the near-ish future.