Early in the day, VIX spiked ‘oddly’ and instanly broke the options market…
Prompting the start of an epic ramp in stocks:
Which was all good and fine, until the last minute of the US day-session today, when, as a follow up question, we have just this to ask: WTF just happened here?
Here is Central Bank XYZ’s VIX fat finger, zoomed in.
When Citi warned earlier to “Be Prepared For All Sorts Of Insanity Today“, it wasn’t kidding.
via Zero Hedge http://ift.tt/1ntEkfz Tyler Durden