Hey guys, do you have any feedback on my decision-making for the VIX contango trade suggested earlier? @rallymode , @sle ? I shorted May futures @ 28 days out & a little above 1.5 vs. spot. Closed this morning when it came down to touch spot levels. Hedge ratio seemed to lean a bit toward short vol, overall I was down just under 1pt on the futures. A possible refinement I was thinking of is establishing a more selective contango threshold than expiry or $0. So if we entered at (1.5 / 28 days = .054/day), maybe we exit earlier if we drop below .025/day. And slowly move the exit threshold up as we get closer to spot since we want more compensation as the risk goes up. Am I on the right track?