Less than a month ago, Goldman Sachs presciently published a note research report “VIX ETPs are now net short vega – should we worry”…which as the title suggested showed that the net position of VIX ETPs has become short over the past few weeks, for only the second time in their eight year history…
“Something Snapped” – Stocks Decouple As VIX Call Volume Explodes…
As one veteran trader noted “something snapped” two days ago as VIX and US equities decoupled notably for the first time since the election. This morning VIX is surging once again (near 12) at the same time as US stocks are soaring…