VelocityShares Daily 2x VIX Short-Term ETN (NYSEArca: TVIX) is in a two-day meltdown because the premium to net asset value is snapping back sharply after surging as high as 90% earlier in the week.

The VelocityShares Daily 2X VIX Short ETN (NYSEArca:TVIX - News) plunged more than 30 percent yesterday, as the product—which had been trading at a substantial premium to its underlying net asset ...

Last week got off to a rocky start as continuing fears over the security and stability of Greece intensified. As the week wore on, equities were able to recover amid a Greek deal as well as an upbeat ...

UPDATE: TVIX is currently down over 25%, trading near $10.42. Volatility ETNs have become favorite targets for critics of the exchange-traded products business. Looking at the action in the ...

For investors who don't sit in front of flashing green/red screens, the curious case of TVIX serves as a valuable lesson in the risks of buying exchange-traded products. On February 22, securities on ...

Traders are dumping capital into the 2x VIX futures tracker as fast as TVIX can burn it up Everyone loves a good underdog story, and Wall Street investors are of course no exception -- but in the case ...

TVIX offers leveraged exposure to an index which has delivered a negative 53% annualized return for the last decade. The VIX is currently above 20 and history suggests selling volatility at these ...