How is the hedge fund VIX so good at shorting? Do they manipulate the market to make it drop? via /r/wallstreetbets #stocks #wallstreetbets #investing


How is the hedge fund VIX so good at shorting? Do they manipulate the market to make it drop?

I noticed that the hedge fund VIX goes up crazy whenever the market drops. I suspect they use short ladder attacks to drop the market like citadel but I can’t find out who they are or what type of financial services they provide. I started looking for who owns VIX because my 495 weekly SPY calls went to shit after I bought them in January after it ramped. Well, of course, SPY tanked and I lost everything. I even tried more complicated options positions on robinhood like a vertical spread. I bought the February 470 SPY call then bought the 475 SPY call with the same expiration. If you don’t already know, the point of a vertical spread is to buy cheaper options above the calls you think are going to be in the money at expiration. That way if you are right you make even more money. You do this instead of just buying the same strike so you risk less. I honestly don’t know how the SEC hasn’t gone after VIX yet. They make a profit EVERY TIME the market goes down. The only thing that explains it is if they are manipulating the market. I read on Bloomberg that there are a ton of VIX algos so I’m not surprised at all. Honestly I’m so fed up with losing my money unfairly that I might start a petition to investigate VIX and all the other hedge funds that short ladder attack when I have calls. Who else is on board?

Submitted March 02, 2022 at 05:54AM by SpliffMaster489
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