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Long Term Vix Futures - 20 12
20 12 was really when large inflows started coming into the long vix t ps, which were the ones that existed at the time. And then there was an incident where the t vix was actually suspended creation and redemption,. T vix traded at a big basis to nave, and it was all a big mess. After several years of losing quite a lot of money being long vixt ps, the general retail yo fast money universe started to discover that you could short those same e t ps instead of buying them.