Trading volatility

you’re short vol now?

I ain’t scared of ghosts, I’m keeping it on.

Short from many months ago when vol spiked (discussed earlier in thread).

There was the initial pain phase, where vol kept rising and unrealized losses, now in the green but greedy…decided to hold the short. Hopefully Trump won’t do anything too crazy going into midterms, this is my bet. But I want to take profits at least before Nov.

Chickened out and took gains on 1/3 of the short position.

Still think DC doesn’t have the political will for a catastrophic conflict with Beijing. But still, best to mildly risk-off.

wow shorted at all time high, well done

Markets rise as VIX rises. It’s a beautiful thing.

Here. We. Go.

Markets gone schizo! :open_mouth:

But I think this little “trade war” news cycle is coming to an end. Trump will back down over the coming weeks. Checking term structure, back in contango.

He’ll back down until they [new outlets] make fun of him for backing down.

Okay, I’m the hell out of that vol short. American denial might hold, but Cold War pt2 is too real for me…

So, you’re taking the other side now? I mean… why would you NOT want to buy VIX at 12?

Naw, I’ve never been long vol, ever. Decay kills you if you don’t time a spike soon.

Yeah, I umm… Totally agree.

Still short vol? Using what?

VXXB?