VIX Crashes To A 9 Handle - Lowest Level Since Feb 2007

Writer at ZeroHedge • May 8, 2017 at 1:31 PM EDT

For the third time in the last week, VIX just traded with a 9 handle - down to 9.73 - the lowest since Feb 2007.

Amid the 'calmest' market for the S&P 500 since 1964...

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Traders are shedding protection at a record clip. For the third time in the last week, VIX just traded with a 9 handle - down to 9.73 - the lowest since Feb 2007...

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The last two trading days have seen some 'odd' shifts in the equity-vol correlation regime though...

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And judging by the collapse in realized vol, VIX could have further to fall...

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