To: bankwalker
I’m sorry. On that volatility index(?), is that a bet for or against volatility? Any kind of synopsis, pointer or reference would help. Thank you.
28 posted on
02/05/2018 8:55:22 PM PST by
familyop
(President Trump said that we're all important, so let's do something!)
To: familyop
It is a bet against volatility. It is short near term VIX
futures. It must buy them to cover as they go up, forcing them up further. That’s what happened late yesterday.
48 posted on
02/06/2018 3:08:19 AM PST by
bankwalker
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