Vix nearing a liquidation event due to force selling to meet obligations from the Mother Of All Bets (GME). Funds are liquidating longs and fleeing to cash. Since the float of GME is upside down, they will have to settle with holders to satisfy contractual obligations. This is very similar to long term capital management back in the day. The question is will the fed bail them out via the repo market?
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.