TVIX bloodbath. I found out what happened. A month ago they stopped issuing new shares of TVIX so this made the stock difficult to short even for MM's so the stock has been trading at a big premium to net asset value. Yesterday came the news that Credit Suisse would start issuing new shares again so we are seeing all this premium come out of the stock in the last two days. There could be a long trade here if they over do it.