Theoretically...
Huge swings, even to the Upside, should Raise volatility...
but...if the markets continually set record highs...almost Every day...one must assume we are "beyond the bell-shaped curve of probabilities"...and theoretical is just that...
There are those who make a living...a Good living...by shorting VXX...and until They flinch,or "get hurt badly"...I suppose we will have constant pressure on th price of VXX...
Now, any given day Could be The Day of a major spike...so
altho the Markets may be extremely complacent...I wouldn't be...and am not...
Looking at options...I see some anticipation of a move higher...
jmfo
...jk...
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