Rocky Fishman, Founder and CEO of Asym 500 LLC, is a derivatives expert specializing in systematic trading strategies. He delves into the nuances of leveraged ETFs, revealing how these products can create unexpected buying and selling pressure simultaneously. Rocky discusses the wild August 5th VIX event, emphasizing how swiftly market tails can emerge. He also highlights the critical role of end-of-day trading dynamics and the vital importance of monitoring liquidity in the current volatile market landscape.