Volatility is at risk of picking up. Not since 2012 has the open interest been this short in VIX. Let’s see for how long hedge funds will continue to pick Pennies in front of a road roller.
Hedge funds are shorting the VIX at rates not seen in at least 15 years – Large speculators = Dumb money = record COT VX futures net shorts.. – Commercials = Smart Money = Patiently waiting for the extremes = Volmageddon = Works like a charm != Different this time????
Only time will tell whether Is it different this time.