
Dark, Mysterious & Sexy Volatility
The ACID Capitalist Podcast
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Is There a Time When the Vol Market Can Be Reflexive?
March is a big quarterly expiration on the third Monday of that time. There'd been a minor expiration in February, the pandemic fears had been known and people, you know, knowledgeable people were kind of protecting themselves. And so it became a kind of, there are times when the vol market can become reflexive and create another wave of selling against their book. That didn't cause the sell off, but certainly amplified and extended it to your point.
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