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Is this ideal market conditions to play TVIX?
Market has been really choppy and volatility has been picking up early this year. VIX is at $17.22 (given that its under $20 it seems more probable to increase which means S&P is more probable to decrease due to inverse relationship). Also, 52 week high and low of TVIX is $11.80 and $2.01 respectively (so TVIX seems more likely to increase vs. decrease). Does it seem like a good time to play TVIX?