Trader: “There’s So Much Going On People Are Dealing With It By Blocking It Out”

The other day, we said the following about the market's obsession with explaining persistently suppressed vol: Volatility has become the market’s perpetual topic du jour (does it make sense to use “perpetual” and “du jour” in the same sentence? Not sure on that). Suppressed vol has become ubiquitous. And the amusing thing about ubiquity is that it has a way of making everyone think they’re entitled to have an opinion on whatever it is that’s ubiquitous. That’s certainly the