Following yesterday's epic, grotesquely illegal smashing the close in the VIX [2], we decided to have some fun 10 minutes before the close, and, in jest, summoned the VIX Smash Hulk. To our complete lack of surprise, he appeared.
At 3:52 pm we tweeted...
paging @VIXsmashHulk
— zerohedge (@zerohedge) December 10, 2013 [3]
... and sure enough he came, right on time.
Finding the tell-tale trails of this slam in the snythetically created (and not specifically traded) spot VIX index is not easy but the 1800 SPX Puts saw implied vol hammered into the close suggesting a lot more willingness to sell at any price than buy...
BUT!.... for the second day in a row, stocks would not play ball (and JPY carry did not manage to ignite momentum either)


