So these days VXX has gone from $30 to $55 with the increase in volativity, but looking at the historical, the VXX was at $120,000 in 2009.
Does that mean that if the market goes through a period like 2007-2009, the VXX can go back to $120,000? Because we will see that market again, it is just a matter of time. And with an investment of $1K one could make 2 million.
My experience tells me that is impossible, there are no free lunches. So how does the VXX work? Thank you.
all the reverse splits it's had mess up the calculation
if you look at the DRYS chart it's the same thing, it says it traded at 1273958144 at one point