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And remember VIX speculators have never been more short...
historic low volatility, historic high equity valuations, historic short volatility positions, Americans wound tight as a drum over politics. Gee, what could possibly go wrong?
Short VIX people will get their teeth kicked in sooner or later. Can’t eliminate fear
Seems crazy to be short VIX at these levels. Wonder if there isn't a level where VIX chart becomes asymptotic.