Goldman: "For The First Time All Year, We Saw A True Panic In The Vol Market"

Below we excerpt the key observations from the EOD note by Goldman trader Mike Washington

What started to be a rather stable and uneventful session, ended in some turbulence after a sharp reversal lower triggered by Middle East geopolitical headlines (a spike in oil) and hawkish fed speak.

goldman for the first time all year we saw a true panic in the vol market

Authored by Tyler Durden via ZeroHedge April 4th 2024