VIX - Time Decay for the VIX STR and HYPER BUBBLE Enteries

S&P VIX STR Index will continue roll to V2/M2 as the constant 30 Day rolling
Index weightings between V1/M1 & V2/M2.

As a consequence, 82% of the time the VX Futures see time decay close the
Roll Yield.

Roll Yield is calculated by the spread between V1/M! & V2/M2 as a percentage.

The average is roughly 8%, over this percentage an we see Price tend towards
a decay of Price through time into the next Rollover.

On April 19th CASH VIX Closed @ 22.50 - the VXQ closed @ 21.45

* A LARGE TELL: The Negative Roll Yield :)

The value of ETPs are all calculated from the 30 Day Constant.

All derivatives: VXX, UVXY, SVXY are calculated using this formula.

Price can change at any time, it is important to remember this - there is
a clear percentage of the time when the VIX can move far higher.

The trick is to determine when the probability favors this move.