Amid the "calmest" market for the S&P 500 since 1964...
Traders are shedding protection at a record clip. For the third time in the last week, VIX just traded with a 9 handle - down to 9.73 - the lowest since Feb 2007...
The last two trading days have seen some "odd" shifts in the equity-vol correlation regime though...
And judging by the collapse in realized vol, VIX could have further to fall...
No comments:
Post a Comment