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https://finance.yahoo.com/quote/XIV/

This is kind of a big deal. Going to wipe a lot of people out on its own. Discuss.

For whatever it's worth, here is a good article detailing why this can be a big problem - https://www.themacrotourist.com/posts/2017/11/23/the-next-crisis/

And this is a good summary of what happened and other information related to ripple effects.

https://www.cnbc.com/2018/02/05/xiv-exchange-traded-security-linked-to-volatility-plummets-80-percent.html

Edit 5:55 pm: XIV is down past the threshold of an 80% 1-day drop. Look for a liquidation. If you were looking out for a black swan event, we may have just gotten it (or it may not be as bad as big of a deal as some have mentioned).



Submitted February 05, 2018 at 05:01PM by cbus20122 http://ift.tt/2EJfGli

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