
Rates Shorts Suffer ‘Stop-Out Of Their Lives’ Amid 8-Sigma Trend Shock
Whatever happens from here -- where in this case that means even if bank contagion fears abate and t
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Back in 2017-18 I heeded your warnings re: short vol trading in XIV and ilk, and managed to get out before the volpocalypse, and have been a loyal follower since. You’ve helped many times along the way with your oft-prescient warnings and explainers (I’m looking at you, crypto). Once again, for this simple explainer, my thanks.