poopy's competition journal

Good luck going forward.

 

Up nearly 8%. A skew lock and a relative-value trade. Going to cover prior to NFP.

 

A relatively minor edge for me involves SN vol of vol but there is a really sizable edge in tech prior to NFP.

 

Impressive results so far, to say the least.

How do you even structure a portfolio to take a view on SN vol-of-vol. The concept is completely foreign to me. It's not like there's single-name VIX options

 

SN skew ( OTM cvol/pvol>1).

 

Out all.

 

9.3% return on book. 6X risk.

 

The hit rate on the RV-trade has been fantastic. The skew locks are juicy into NFP but the edge is in risk here (RV-trade corr-risk). I can buy index downside vol for free against single name.

 

Couldn’t help myself. Traded on the hike.

 

Fire damage off Brown's Creek from Davis Fire.