Cold Turkey: ‘Quitting The Low-Vol. Addiction May Be Painful’, One Bank Warns

Yeah, so the short equity vol. trade blew the fuck right on up this week. Of course you know that. And if you're a former big box retail logistics manager who traded in a sweet gig making the cigarette break schedule at Target for a career selling vol. in your pajamas, well then what can I say other than "I'm sorry, man." It's not yet clear what this is ultimately going to mean for markets. There are lingering questions about the implications for the systematic/programmatic crowd and really,