This…
K-Hen about to murder the VIX
— zerohedge (@zerohedge) June 6, 2014
And then this just happened… The lowest VIX close since Feb 2007
Close up…
And how does he do it? Through massive VXX selling in dark pools…
Is someone (cough Fed via Citadel) using dark pools to manage their volatility suppression – which implicitly spooks the actual markets in implied vol and thus in a “tail wags the dog” manner, juices the entire US equity market… but we do not find out about it until after hours as the dark pool unleashes its volume at VWAP pricing…
Makes us wonder if this is the fingerprints of the NY Fed’s Kevin Henry hard at work managing perceptions via dark pools with as much leverage as possible via the vol markets.
just like he did here the week of The Fed Minutes
As he did this week…
The qeustion is – will the same high volume flush happen tonight?
via Zero Hedge http://ift.tt/1i9wj6w Tyler Durden