https://www.cnbc.com/2018/02/13/whi...ipulation-of-vix-contributed-to-sell-off.html With price manipulation, any vix movment can happen in future.
Now can we can finally say the markets are rigged and have been for the longest time....I believe this should be bigger news than it is but seems that it's being brushed under the rug and being ignored!
That anonymous letter is pure crap guys, c'mon - it wreaks of speculation and ignorance. Short vol funds got nuked for simple reason: vol.
They want to sue based off the fact that a “can’t lose” trade actually lost. The warnings were made repeatedly by smart people yet greed overruled as usual. Newsflash: when VIX is at 10, going to 20 or 30 is a hell of a lot easier than VIX 40 going to 80.