Is This A Real Crash? Keep An Eye On The VIX For The Answer

11-27-2021 • https://www.zerohedge.com, by Tyler Durden

It's pretty clear that markets are not having a good day today, and all else equal, it's likely they will only get worse for the simple fact that gamma is now broadly negative, and more put buying (and selling) will lead to more selling (and put buyi