“Volmageddon” is not a word in the dictionary.
This term is a blend of "volatility" and "Armageddon," and it refers to a significant and sudden increase in market volatility. It specifically references an event on February 5, 2018, when the stock market experienced a sharp increase in volatility. The previous time the skew reached such a low level was on that exact day, mere hours before Volmageddon caused the VIX to skyrocket, moving it from a serene level of 14 to a heightened state of 40.
At Apple Tree we do not wish for a Volmageddon, but we can see some potential risks causing it. Nonetheless, a bit more volatility in the market would not be an unwelcome sight.
Source: Zerohedge