What Does VIX Know That Stocks Don't?

Tyler Durden's picture

Even before Fed's Williams poured cold water on un-taper hopes, it seems new highs in US stocks were being aggressively protected in the options markets. Today the divergence between an exuberant stock market and a defensive options market (VIX) is getting extreme... With the S&P and Russell having achieved their technical goal of 'unchanged' year-to-date, it appears the BTFATH'ers have left the building for a moment.



Since the US open, USDJPY and US stocks have seen their 'beta' explode and somewhat decouple...

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NOTW777's picture

trees dont grow to the skies even in a ponzi cloud

Headbanger's picture

The VIX "knows" WE'RE FUCKED!

jbvtme's picture

looks like the vix and the usd are tracking one another since early feb

BoNeSxxx's picture

Whoever sold those $1.8 million in February VIX options at $22 is looking pretty smart right about now...

Dr. Engali's picture

Protection .... Lol. When this thing vaporizes there will be no protection, and there will be no escape.

financialrealist's picture

just wish it would vaporize soon...its been a slow motion train wreck for years.

camaro68ss's picture

I think the market only goes green when a banker dies.

Glass Seagull's picture



Vix knows S&P500 cash just closed the 1/23/14 gap lower.  Time to roll over.

LawsofPhysics's picture

LOL!  In a fully manipulated, centrally-planned, "market", the answer is nothing...

The worst trader's picture

It knows nothing, fell into that rap tooooooooooooooo many times. Nothing matters but the Fed.

walküre's picture

Did you mature from Robotrader to Robotrader's Mom to "the worst trader" ? The avatar gives it away.

10mm's picture

VIX knows what Soros knows.

EARLPEARL's picture

the only thing that could give the soros trade the kiss of death is if GARTMIN agrees with him...last i heard gartmin is bullish..to me that means crash in next 5 days.