How To Buy -1x Short VIX Futures ETF (SVIX) Stock

37.57 ↓1.97 (-4.98%)
As of April 25, 2024, 11:11am EST.

How To Buy SVIX

-1x Short VIX Futures ETF (SVIX) is an ETF listed on the BATS exchange, which means you can buy the stock from most online brokers. Follow the steps below to learn how to purchase shares of SVIX.

  1. Find a reliable broker.

    Don't worry, it's easy and free to open a brokerage account. Below are our favorite brokers where you can buy -1x Short VIX Futures ETF from:

    View All Recommended Brokers
  2. Fund your new account.

    You'll need to transfer money into your new brokerage account before you can buy the stock. Transferring via a bank transfer is recommended and the most common way to fund an account. Some brokers might allow funding via a debit or credit card.

  3. Search for SVIX.

    When your funds are settled into your account, look for -1x Short VIX Futures ETF on your broker by searching for the company name: -1x Short VIX Futures ETF or the ticker symbol: SVIX.

  4. Buy the stock.

    Once that you've found -1x Short VIX Futures ETF on your broker, submit a purchase order to buy shares of the stock (currently $37.57 a share). Depending on when you purchase, the stock might be higher or lower than the price listed. You may also be able to purchase fractional shares depending on your broker.

    Once your order gets fulfilled, you've purchased your first shares of -1x Short VIX Futures ETF.

    Tips When Buying

    When submitting your order, you may choose to buy shares of -1x Short VIX Futures ETF at the market price with a market order or at a set price using a limit order.

    • Market order: Buys the stock immediately at its current price.
    • Limit order: Buys the stock only once it reaches your target price.

    By default all purchases are considered market orders unless specified otherwise. Limit orders are great for when you only want to buy shares of SVIX at a specific price.

Should You Buy SVIX Stock Now?

In the past week the price per share of -1x Short VIX Futures ETF has gone up ↑2.41 (6.85%) while the daily volume has decreased significantly. You should buy SVIX now if you think the stock will continue going up in price.

In the end, you should be comfortable with the risk of the investment and only buy shares of SVIX when you feel the time is right.

SVIX Stock Performance

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  • Current price: $37.57
  • Yesterday's price: $39.54
  • Price Change (Last 24 Hours): ↓1.97 (-4.98%)
  • Price Change (Last 14 Days): ↑0.63 (1.71%)
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