Well hello there. It's been a while. Still in the derivs arena?
Yes on both counts. You can't be short vol and never expect to take hits, some of them quite large too. Exclusively VIX. It allows me to trade...
Near the bottom on a 10-year chart? It's not an absolute number but a significant divergence between implieds and stat what you want. The market...
IMO, 0 profit. You can't hedge passive short vol with anything and expect to earn. Unless you get lucky and quit while you are ahead you will...
Fund flows are unlikely to be exploitable in a meaningful way over time but if you found some identifiable markers(very unlikely) that tend to...
No. The spreads often move independently of the vix, particularly in the events of one sided order flow. You need some kind of a relative value...
In all fairness you were short vol into the biggest vol spike since the financial crisis. It's a good lesson to learn early on if you are gonna...
Pension funds have no business being short vol to "juice" returns. You should not be speculating with peoples retirements. It's completely...
Any specifics on his strat? It seems like he was long vol as a hedge to long stocks so why the blow up? It's unreal how these supposed industry...
Up $100 today. You just gotta own gold here with this endless QE and limitless stimulus. IMO, stocks will also explode when this virus fear...
This is precisely why i like to sell vol when its cheap and buy vol when it starts to run. I am surprised the CFE didn't bump up margins a lot...
I run short vol strats during bull markets so any sharp selloffs are quite painful by definition. I am a big fan of leverage too so this vix spike...
Anyone has any details on what vix futures positions did them in? I've traded through all the vix spikes since inception and i have never seen so...
The Fed cant allow the collapse of the currency because that would effectively end them. IMO, they have pulled so much consumption and yield from...
I don't think this is about the virus. IMO, it is starting to look like the gold bugs will finally have their day in the sun. The idea that the...
Price in absolute terms means very little when it comes to spreads. In the absence of some edge related to the calendar or shifts in the shape of...
Out of curiosity, if there is no particular view with regards to the calendar then why JUL/AUG as opposed to JUN/JUL or AUG/SEP? Other than the...
vol replication
Spoken like a clueless old timer who cant make it in the new world. While it is def harder than 20 or even 10 years ago it is certainly still...
OPM isn't a goal for everyone. Not everyone is motivated by more money. Marginal utility kicks in at one point or another and there are riches to...
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