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VIX Just Flash-Crashed

Tyler Durden's picture




 

We suspect any second now, one (or all) of the exchanges will break as VIX just flash-crashed from 16 to 13.69...

We suspect it is some remnant of Quad-witching...

 

As is "normal" nowadays, VIX has ripped back up to 16 now...

 

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Wed, 03/18/2015 - 09:39 | 5901712 lakecity55
lakecity55's picture

Something wicked this way comes...

Wed, 03/18/2015 - 09:49 | 5901759 Manthong
Manthong's picture

It’s just a good thing that was just a simple system failure, not some evidence of malfunctioning manipulation.

 

Wed, 03/18/2015 - 10:06 | 5901824 RushRoolz
RushRoolz's picture

A) Your username just flat out makes me uncomfortable.

B) To even suggest there could exist any market manipulation is crazy! Why, we have the SEC! And the big Banks! and the Gubmint! And the Fed! They're all looking out for us little folk to make sure we keep as much of that hard-earned money as possible and don't get ripped off!

 

Wed, 03/18/2015 - 10:16 | 5901868 Ban KKiller
Ban KKiller's picture

Don't forget your local DA, AG and the DOJ! All here to make sure the banking cartel can loot to their hearts content. 

Wed, 03/18/2015 - 11:28 | 5902088 mtndds
mtndds's picture

My prediciton is the FED will NOT remove the word "Patient" from their statement and if they do it will be replaced by another word that means the same thing.  They need to keep the stock market high.  They have to keep that illusion of a fantastic economy going at ALL COSTS!!!  The FED is a bunch of PHUCKERS!!

Wed, 03/18/2015 - 12:07 | 5902341 Double.Eagle.Gold
Double.Eagle.Gold's picture

fuck-ya

Wed, 03/18/2015 - 15:08 | 5902344 Four chan
Four chan's picture

the front run news is out the next qe starts on the first. dow should end up 500 today.

 

 

Wed, 03/18/2015 - 15:09 | 5903212 Four chan
Four chan's picture

told ya so. its all rigged.

Wed, 03/18/2015 - 09:40 | 5901719 StupidEarthlings
StupidEarthlings's picture

Self Help on the way..

 

:/

Wed, 03/18/2015 - 09:43 | 5901740 ParkAveFlasher
ParkAveFlasher's picture

This market should just check itself into rehab already.

Wed, 03/18/2015 - 10:11 | 5901852 Temporalist
Temporalist's picture

Call Deepak Chopra for Mr Yellen!

Wed, 03/18/2015 - 09:40 | 5901721 ZeroPower
ZeroPower's picture

Hint: check what day of the week during the cycle VIX futures expire;)

Wed, 03/18/2015 - 09:41 | 5901732 SethDealer
SethDealer's picture

confusing

Wed, 03/18/2015 - 09:43 | 5901735 NoDebt
NoDebt's picture

"VIX has ripped back up to 15.4 now."

Yes, but not back up to it's pre-flash-crash level, you'll notice.  That's how this shit works.  You rip somebody's face off, they recover from the shock but they get just an itsy bit more gun shy about trying to move in the other direction again.  Slam it, watch it recover 80%- dropping it right at the level you wanted it at in the first place.

Lather, rinse, repeat.

 

 

Wed, 03/18/2015 - 09:51 | 5901772 Seize Mars
Seize Mars's picture

Anybody still trading these "markets" is out of their fucking mind. I wouldn't go near it. I have spent ost of my adult life in trading and I can tell you I am done. It's not the "risk" per se, it's the Corzining on a daily basis. Why fucking bother.

Wed, 03/18/2015 - 09:55 | 5901783 Philo Beddoe
Philo Beddoe's picture

Agreed. Sit back and watch to see if Oil can torch this POS over the next week.  

Wed, 03/18/2015 - 10:36 | 5901958 HardAssets
HardAssets's picture

@SeizeMars - I was debating some azz hat on another site who was pushing the TA mantra. How do you use technical signals when there are no real buyers & sellers - no real market ?
The dope insisted 'ya just gotta know what to do'. I've been trading for decades. Some day that putz is gonna have his face ripped off.

Wed, 03/18/2015 - 11:14 | 5902123 Jonas Parker
Jonas Parker's picture

Face-ripping sounds in 5 - 4 - 3 - 2....

Wed, 03/18/2015 - 09:43 | 5901738 madcows
madcows's picture

so, insider information must have been passed around that the FED will drop the "patient" language.

Wed, 03/18/2015 - 09:44 | 5901739 kowalli
kowalli's picture

fast, stock exchange break up like always, they can do it, i know

We can save the casionos ...

Wed, 03/18/2015 - 09:46 | 5901747 savedeposit
savedeposit's picture

Oeps, wrong button, they supposed to hit the gold button

Wed, 03/18/2015 - 09:46 | 5901748 eddiebe
eddiebe's picture

Don't worry my pretties, we are in complete control of all the markets.

Regards, TPTB

Wed, 03/18/2015 - 09:46 | 5901750 i_call_you_my_base
i_call_you_my_base's picture

Yellen's hairdresser, Tim, from Supercuts, leaked that she'll remove patient today.

Wed, 03/18/2015 - 09:52 | 5901776 Eyeroller
Eyeroller's picture

Supercuts uses a bowl on the head??

Wed, 03/18/2015 - 11:01 | 5902073 maskone909
maskone909's picture

Lol had to log in just to +1

Fucking dumb and dumber lookin troll

Wed, 03/18/2015 - 09:47 | 5901753 Jungle Jim
Jungle Jim's picture

Is that good or bad for metals prices?

Wed, 03/18/2015 - 09:49 | 5901768 Soul Glow
Soul Glow's picture

Who cares.  What else are you going to invest in right now?  Bitcoin?

Wed, 03/18/2015 - 11:00 | 5902064 Save_America1st
Save_America1st's picture

all this shit is good for phyzz prices.  Don't worry about the $$$ value because that's all bullshit.  Just stack regularly in small amounts as your budget allows....20, 40 ounces or so.  Then wait for the next dip and do it again.  Stack now, hide it away safely and forget about it until after the collapse.

Phyzz is for insurance against the collapse of the dollar and all fiat currencies.  It's not for "investing". 

Wed, 03/18/2015 - 12:47 | 5902533 moratar
moratar's picture

Bad for gold good for silver, gold droped together with USD, silver gained 100% comparing to USD.

Or you might say silver didn't move, and just USD,gold,euro droped ~40% - ~50%.

Comparing to CHF silver droped 50%, gold droped 75%

Comparing to gold silver gained 100%,

Comparing to euro silver gained 120%

 

Wed, 03/18/2015 - 09:49 | 5901764 Soul Glow
Soul Glow's picture

PPT calming down headwinds.  DJ 17766.66 soo devilishly patriatic lol

Wed, 03/18/2015 - 09:49 | 5901766 Rathmullan
Rathmullan's picture

Some of the myriad of insiders re the Fed's effective QE4 announcement later today got "impatient".

Wed, 03/18/2015 - 09:50 | 5901770 stilledood
stilledood's picture

algorydm hikup?

Wed, 03/18/2015 - 09:50 | 5901771 economessed
economessed's picture

Obviously, it crashed because risk has been completely over-priced.  How could there be any risk to equity prices falling when there is so much exogeneous demand and such a compelling future for massive profit growth amongst all publicly traded companies?

<heaping sarcasm>

Wed, 03/18/2015 - 10:57 | 5902047 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

Gotta goose the VIX to get it in line with the "reality" of the equity markets...!!

Wed, 03/18/2015 - 09:51 | 5901775 semperfi
semperfi's picture

zzzzzzzz

wake me up when this whole shit-show is over and the bad guys are all dead

 

Wed, 03/18/2015 - 09:59 | 5901795 viahj
viahj's picture

the world is going to need awoken Marine-types during the shit show and to take care of the bad guys.

Wed, 03/18/2015 - 10:35 | 5901957 eddiebe
eddiebe's picture

You'll be sleeping a long time, bro.

Wed, 03/18/2015 - 09:58 | 5901794 howieg
howieg's picture

Really, it no way is due to the Vix closing out for the month just now .... does anyone here trade??

Wed, 03/18/2015 - 10:18 | 5901881 SheepDog-One
SheepDog-One's picture

What I think is hilarious is how an indicator went to a trading vehicle. 'Fix options closing trades for the month'....for fucks sakes, full retard.

Wed, 03/18/2015 - 10:05 | 5901819 HoleIn1
HoleIn1's picture

That was a test fire. A little pre-game if you will, for the fireworks that should come this afternoon.

Wed, 03/18/2015 - 10:08 | 5901838 Old Man River
Old Man River's picture

Can someone explain to me the x-axis? Time seems off for March 18?

Wed, 03/18/2015 - 10:13 | 5901858 juicy_bananas
juicy_bananas's picture

Short bitchez

Wed, 03/18/2015 - 10:16 | 5901865 SheepDog-One
SheepDog-One's picture

Suddenly, in a nanosecond.....everything went very unvolatile.

Wed, 03/18/2015 - 10:17 | 5901875 Eastwood
Eastwood's picture

Cats and dogs living together! Mass hysteria!

Wed, 03/18/2015 - 11:11 | 5902110 coast
coast's picture

I wonder how many people know what you are talking about :-)

I did....good one.  I also like the Bill Murray speech to the kids at camp saying "it just doesnt matter" :-)

 https://www.youtube.com/watch?v=e9mf3Bypyk8

Wed, 03/18/2015 - 10:21 | 5901892 p00k1e
p00k1e's picture

Fat finger. 

Wed, 03/18/2015 - 10:25 | 5901916 Downtoolong
Downtoolong's picture

Hello, this is Step-Function Brokers, how can we help you today?

Opps, sorry, too late.

 

Wed, 03/18/2015 - 10:26 | 5901922 Fun Facts
Fun Facts's picture

VIX has been turned into a central bank weapon to control underlying volatility rather than an indicator.

Wed, 03/18/2015 - 10:56 | 5902043 Armed Resistance
Armed Resistance's picture

Sandy: I want you to kill every gopher on the course!
Carl Spackler: Check me if I'm wrong Sandy, but if I kill all the golfers, they're gonna lock me up and throw away the key...
Sandy: Gophers, ya great git! The gophers! The little brown furry rodents!
Carl Spackler: We can do that; we don't even have to have a reason.

Wed, 03/18/2015 - 10:59 | 5902059 Big Cox
Big Cox's picture

Did Bullard tweet Krugman?

Wed, 03/18/2015 - 11:07 | 5902092 Shizzmoney
Shizzmoney's picture

Looks like someone slept on the keyboard

Wed, 03/18/2015 - 11:12 | 5902115 coast
coast's picture

 A little humor and motivation for times like these...Its only two minutes, and its one of my favorites...

  https://www.youtube.com/watch?v=e9mf3Bypyk8

Wed, 03/18/2015 - 11:21 | 5902149 Jtrillian
Jtrillian's picture

Belthold pattern.  Market makers are taking out the stops before the train leaves the station.  All aboard!

Wed, 03/18/2015 - 11:26 | 5902171 MedicalQuack
MedicalQuack's picture

And wait until new rigging bots enter the picture:)  When the journobots can be programmed to dump news into the feeds as specific actions take place..watch out..

New rigging might be the final bot element to push a crash someday if they don't watch it...

http://ducknetweb.blogspot.com/2015/03/major-us-newspapers-sign-up-and-invest.html

 

Wed, 03/18/2015 - 11:30 | 5902190 Chuck Knoblauch
Chuck Knoblauch's picture

Simulated orders crashed?

Must have been a power outage.

Wed, 03/18/2015 - 12:06 | 5902337 Double.Eagle.Gold
Double.Eagle.Gold's picture

fuck-ya

Wed, 03/18/2015 - 12:38 | 5902491 moratar
moratar's picture

That was AMAZING, for like 60seconds USD droped 45%, Euro droped 55%, CHF went up 200%, PLN went up 100%, Gold droped 50%, Most emerging market currencties went up 100%

Weird that USD_Index went up 50% or so

%values are in comparision to PLN, and PLN in comparision to gold

Though i am imagining things but seems i am not the only one that saw the weird behavior in markets like 4h or 5h ago.

Smells like big things are comming soon.

Wed, 03/18/2015 - 12:49 | 5902539 Arnold
Wed, 03/18/2015 - 12:55 | 5902564 moratar
moratar's picture

Yep you can see aurora at 51N latitude (in Poland) never seen one in my 40y old life. Amazing.

Wed, 03/18/2015 - 12:42 | 5902505 Sintra
Sintra's picture

Common zerohedge...take a look at the methodology and how it is calculated. It is no flash crash and all the other posts of the vix are irrelevant as well.  i have been able to alter the vix by putting a bid in an option with no bid so that a larger part of the vola smile is used in the calculation. It is not tradeable...it is a calculation. The real vix(option iv did nothing).

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