Derek and Jay discuss the surge and record collapse back below 17.6 in the VIX Index. Plus, reviewing the difference between the VIX Index (not tradable) and VIX Futures relative spike levels.
HiPOS Conservative Trade Update - With 9-day calendar days (7 trading days) to go until the August 23rd expiration, the S&P 500 Index (SPX) sits a full 16.5% above the short 4550 strike.
ZEGA’s July 2024 Performance Numbers Release
HiPOS Conservative Trade Update - As of early afternoon Thursday, the S&P 500 Index (SPX) is showing strength as it tries to close the gap created by the move down on Monday and the previous Friday’s close.
Derek is back to talk through the latest market volatility as the VIX and VVIX both spiked this week.
Derek and Jay jumped on a special edition podcast to discuss whether the move in things like the VIX and VVIX were warranted given the technical surroundings of the carry trade and where markets went.