Who Is Selling Wholesale Vol And Why?
July 5, 2009 by admin · Leave a Comment
The chart below indicates that while the market is exactly where it was in early December 2008, the VIX has droped by almost 60%. And traditional theories that suggest that the corporate risk is merely being offset to sovereing don’t seem to hold much sway- US CDS is again trading at a ludicrously tight level. [...]