For many years, shorting long volatility ETNs has been among the most crowded trades, and the time decay of the VXX has been the center of attention for volatility traders. The short volatility trade blew up however, when in February 2018 the VIX spiked more than 100% on a single day which f...
Big Moves In The VXX and VIX Over The Past Two Weeks Since the lows that were struck in late April, we have seen a sharp rise in both the CBOE VIX Index as well as the VIX Futures and the Volatility ETFs which are derivatives of those futures products. The VIX index saw a move up of close ...