Did The ‘Short VIX’ Bubble Just Burst?

If there is one foolproof way to make money in today’s markets, it’s selling any and every blip higher in volatility – in fact it’s so easy a Target manager can do it and make millions. However, something very different happened last week…
3 of the 4 trading days last week saw SVXY fund outflows with Wednesday the largest single-day outflow in history…
The Short VIX ETF SVXY, up more than 150% this year amid a slump in equity swings, lost almost $330 million in four days – the biggest weekly outflow in history…

This post was published at Zero Hedge on Nov 27, 2017.

 

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