Watch out for commodity vol products
Commodity traders shouldn't ignore the recent meltdown in CBOE’s Vix derivatives, writes energy consultant
During the afternoon of February 5, 2018, the derivatives market in the Chicago Board Options Exchange’s flagship Vix equity volatility index imploded, causing billion-dollar losses to professional and retail investors. Some volatility derivatives funds lost more than 90% of their value; others permanently shut down, deleveraged, or were closed temporarily to retail investors.
However, just because the meltdown occurred in equity derivatives does not mean it can be ignored by energy and
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