Although I don’t trade it myself, I just saw this admonition pop up on one of my brokerage accounts.
So let me get this straight – – a financial instrument is designed to allow people to take advantage of increase in volatility, but the moment the market gets some volatility, they suspend trading it? OK, got it. You can imagine how delighted owners of VXX must be right now, since they’re foreclosed from, ya know, taking profits.
