I suddenly feel like Data, because I only just now got your joke. I should have gotten it yesterday. Oy!
SS/fixed-strike vols imploded today on SPX. So either the vol-desks just came to the collective conclusion that XMAS week trades zero RV or someone blew up.
Today was interesting. I had wired out 90% of the account to fund a FCM account that specializes in vol. Made no opening trades yet earned my PM/TIMS haircut. It's gotta be a record.
I only post pnl when I remember to and only when I beat the mkt. PM account. The figure isn't anything special but considering I earned, on the day, more than my req...
Dest, yer becoming a slacker! We expect more exacting standards from you, lol. Edit: Actually, if your PC clock is ahead the NIST by 3 hundredths of second, that's not a slacker, that's an over-achiever? Hehe!
I guess when you are short vx in contango, I'm guessing you're hedging with short ES. Is the ES the wings? I'm doing something similar with vix and spy options