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Two Stunning Facts About Last Week's VIX Explosion

Last Thursday morning, just as the VIX was soaring on North Korea nuclear war fears in a historic move from single digits to ultimately peak just above 17 before retracing virtually all of the move in the coming days, we reminded readers that "As VIX Explodes, A Painful Warning: The Vega Of VIX ETFs Has Never Been Higher", referring to a recent observation by JPMorgan that the outstanding vega of VIX related ETF was a record high.
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