$XIV $SVXY are they done?

Too much short volatility. These things almost must go to zero unless someone steps in and saves the market ASAP and bigly. $SPY not even going down any more but these are getting destroyed afterhours.

Short VIX trades unwinding. I'm not sure this can be stopped until maybe like $0.001. Look at the chart of $UVXY over a few years and TURN IT UPSIDE DOWN for the clearest picture. I'm not sure this can be stopped. The shorts cannot be covered. I am expecting this move in $UVXY to the upside but not this weird crash in XIV and SVXY. Craziness.

This wasn't supposed to happen, but the setup for it to happen was there. $UVXY still potentially primed. It's as if they are saving their assess from a UVXY blow up by destroying XIV and SVXY.

I said on friday with the dow -$666 that UVXY should have been up more. Even today, only about 100%. The real number that this should be up is probably 2000+% and this is why I think they are using XIV and SVXY as scapegoats, because, if they didn't, the same thing that's happening to XIV and SVXY right now would be happening to UVXY in the upward direction and we go from $12 today to $200-$400-$1,000-$2,000+..... and I don't think they can let this happen.

So, possibly a sacrifice of XIV and SVXY to keep a ceiling on UVXY.

Hands off XIV SVXY, something tragically wrong. Not a dip buy.

Legal Disclaimer:
This is my opinion only.
This is for entertainment purposes only.
This is NOT financial advice nor a recommendation to buy or sell anything.