Loading ...The VXX & UVXY open interest put/call ratios have been plunging as the funds load up their ‘hedges’.
Again, and as with the February episode, once these knuckleheads pull back on the VIX derivative call buying (in VXX & UVXY), the VIX shorts (with the futures at center) will come into play, and who knows, maybe it goes to 100 this time.
Cheers