I am hoping Mr. Bill Luby catches this or posts on his blog. I can't find his email anywhere. These 2 have me discombobulated with the 30% difference from (high to low) in the VIX. We have not gotten the proportional move in the XIV. Convexity effects? Orderflow? I would have expected more. Can someone explain?
Today's results. VIX: Down 12.73% XIV: Up 4.19% I am very Vixxed! Additionally, IBKR sent a message yesterday about a short sale restriction. Conspiracy theories welcome.