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VIX Fat-Finger-Frenzy Sums Up The New Normal Markets

It's Option Expiration.. and that can mean only one thing - ridiculous and disjoined entirely illiquid jerky moves in equity markets (and their respective derivatives)...

 

 

And the S&P follows...

 

The options 'tail' continues to wag the stock market 'dog' - Thanks Janet

 

Charts: Bloomberg