That's what happens Larry when you have 64.08mm shares short against 59.5mm shares outstanding... and traders read this [3] (and the VIX is stuck in backwardation).
as backlwardation remains...
Charts: Bloomberg
That's what happens Larry when you have 64.08mm shares short against 59.5mm shares outstanding... and traders read this [3] (and the VIX is stuck in backwardation).
as backlwardation remains...
Charts: Bloomberg
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/7832
[3] http://www.zerohedge.com/news/2015-08-27/jpm-head-quant-warns-second-market-crash-may-be-imminent-violent-selling-could-retur
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150827_VXX.jpg
[5] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/08-overflow/20150827_VXX1.jpg