Volatility Trade Has A Catch-22 Feel To It These Days, Analysts Say

Who wants to be a vol. trader?! Why, everyone, of course! Because volatility is an asset class! ("I'm an asset!") Or at least everyone wanted to trade volatility right up until February, when the Seth Golden crowd was summarily wiped out in spectacular fashion by the implosion of short VIX products. February 5 is a day that will live in market infamy and the hilarious thing about that episode (well, it wasn't "hilarious" if you were sitting in one or more of those products) was that a bevy