MBCC TH 12th Feb'24 - "$VIX is not really falling anymore from $14.5 level, at a time when entire world is SHORT upside 15 and higher...remember 2018, it can move 14 -> 40 in less than a minute!"

Volmageddon in Feb 2018 was a very interesting time, when everyone was short these ETN products, as a no brainer trade, what happened it went from 14 to 40 and killed them all! Today the rise of being short upside calls has been one of the best strategies in town as has been a 1 way bet as vol kept falling since last March’23. All the Fed money printing has helped make that a certainty, but now the Fed has stopped….what could go wrong?

Well why is the $VIX not falling below 14.5 anymore….mind the gap!

We also explain what can happen to Bond yields, and the market is NOT prepared!