The unwinding and default of programs trading the volatility spread had a a very detrimental
effect on equity prices and indices on Feb. 5th. It affected our programs along with several
others in the space.
Jim Cramer voiced his opinion earlier this week regarding the situation.
Here is the article for your review.
Our updated exit logic with protective stops will be complete in the next couple of days.
We will post an explanation and more information soon.