July 24, 2012 at 13:56 PM EDT
VIX ETFs Capitalize on the Eurozone Fears
Exchange traded funds linked to the CBOE Volatility Index, or “VIX,” jumped Monday and Tuesday as the recent turn in the Eurozone financial saga soured markets. The ProShares VIX Short-Term Futures ETF (NYSEArca: VIXY) increased 5.1% at last check Tuesday. On Monday, the volatility...
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