• The sentence indicates that an unspecified strategy generated almost $200 million in profit between the beginning of 2017 and February 2018.
  • This strategy seemingly thrived during a period of market stability or calm.
  • However, this tranquility was disrupted in February 2018 by a sudden and substantial surge in volatility (meaning fluctuations in asset prices or values).
  • This event is referred to as a 'volatility implosion,' suggesting a sudden and extreme movement in prices within the market.
  • The sentence doesn't clarify whether the strategy continued to be profitable after this event.
Profitable Strategy Impacted by Volatility Implosion in 2018

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