Required Reading: How Does XIV Work?

Readers know that I’m a proponent of trading long XIV (and sometimes ZIV) as opposed to short VXX or VXZ. As evidenced by the number of emails I receive asking why that is, I owe a post on the subject.

Consider that added to the long to do list, but in the meantime, here is a bit of required reading for folks new to XIV from the always outstanding Six Figure Investing: How Does XIV Work?

Good stuff, and well worth the read.

Good Trading,
Volatility Made Simple

Posted in Other Goodies.