The Traderszone Network

Published in TZ Latest News 2 May, 2017 by The TZ Newswire Staff

RBC: "VXX Short Utilization Spiked To An Insane 95% Yesterday"

In his latest daily note, which does a fantastic job of exploring what the macro “big picture” looks like at this moment (more on that below), RBC’s head of cross-asset strat Charlie McElligott focuses on one of his favorite topics: random outlier moves in asset volatility and, specifically, the crowding of traders behind them. And with the VIX sliding below 10 yesterday for the first time since February 2007…

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