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Keeping The Show Tight

The Market Huddle

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The Five Day Collapse in the v Vix

We're basically seeing the entire vol complex completely collapse today. It actually started yesterday, to be honest. And I don't think it's that big a deal. But at the same time, we have one of the steepest Ray hike cycles in history. That is potentially going to inevitably break something and cause something like you would think that volatility premium would give away.

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