Case Study: "Pegging"

Observe the "Pegging" action in vix futures today. Notice the 425 contracts traded. Observe the $14k* gross profit...one hour's work, trading a maximum of 8 contracts at a time (full disclosure, once I messed up and had 16 going). Started out with 1. This is the craziest opportunity I have ever seen. Definitely don't think it will last. This action has to have been created by a large institution of some sort. Genius I say! Will definitely be on the look out for similar.

*ToS simulated trading. UNFORTUNATELY I cannot trade futures in any of my accounts--yet. This was the result of a foray into futures trading. Strategies are paper traded before cleared for use with real money.