COULD THE VIX BE CHEAP?
How this VIX spike is different than the 2015 Flash Crash and 2018 XIV implosion
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Another day, and another massive range in US stock markets. After closing yesterday at the highs after a face-ripping rally of more than 4%, today was almost the opposite, with the stock market giving up almost all the gains finishing down over 3%.
The VIX volatility index is rightfully bid as investors clamour for option protection in these uncertain t…