Did The ‘Short VIX’ Bubble Just Burst?

Jon Alternative Media, Blogosphere, Market Commentary

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.