‘Bandit Logic’ And Gamma Gravity
Local stability, but mind the “bandit” at 1600 Penn.
Category: VIX
Why Nomura’s McElligott Sees Scope For An ‘Optical’ Market Bounce
“This is where I expect [the] next wave of monetization in hedges”…
After Last Week, Goldman Asks: ‘What Would VIX Do On A Larger Downturn?’
The discussion always comes back to liquidity…
Is Negative Convexity Risk ‘Flashing Red’?
Spoiler alert: “Not yet”.
Nomura’s McElligott On VVIX, More Mechanical De-Risking And ‘Pure Minsky’
“If you’re short vol, you make money…but eventually die. But if you’re long vol, you die before you make money.”
As VIX Spikes, Trump Says ‘Sorry’, Not Sorry
“…we’re not going to be doing that anymore!”
Nomura’s McElligott Weighs In On China PMIs, Warns Don’t Buy Into ‘Ridiculous’ Story About ‘Hedge Funds Shortest VIX Ever’
“Do NOT buy into the ridiculous ‘Hedge Funds Shortest VIX Ever’ as some sort of lame ‘complacency’ indicator.”
‘February Was As Significant As The 2007 Quant Meltdown’: Here’s What Goldman Expects For Volatility
Just buy the dip, Jerry. Everyone’s buying the dip.