$CBOE lows of the day, flirting with $82 handle...
Last time we saw these prices was near pandemic crash lows back in March.
-
Why is a high VIX bad for CBOE business?
A good amount of VIX futures volume comes from volatility ETFs hedging AUM exposure with futures.
Lower VIX ETF AUM = lower VIX futures volumes.
A higher VIX = lower VIX ETF AUM (eg below $CBOE IR deck bragging the opposite point when it goes in their favor):pic.twitter.com/vsd3l237yH
-
-
That's interesting, also implies a short CBOE trade is a long volatility trade then.
Thanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.