saw some posts about ppl getting rekt in short vol ETPs today. look, if today seriously hurt you, then you’re WAY too far out on the idiot side of the pussy <-> idiot sizing spectrum. study how far things have moved in the past.
saw some posts about ppl getting rekt in short vol ETPs today. look, if today seriously hurt you, then you’re WAY too far out on the idiot side of the pussy <-> idiot sizing spectrum. study how far things have moved in the past.
@therobotjames Getting blown out at 17 vix is certainly a vibe
@therobotjames So you’re saying you should not be selling 50% of your account in premium terms
@therobotjames Your mom did not tell me that short vol products could blow up
@therobotjames James, your threads & posts are so enlightening that I would really like to call you "Professor," just like Taleb's fan boyz do with their idol, to put him on an even higher pedestal so they can blow him while standing. I hope that's okay.
@therobotjames There was 150 bps move in the index. Yeesh.
@therobotjames Looking at the last 5yrs and 1 day moves in the sp500 you'd expect a move that like to happen ~20 times a year, have to be heavily biased to the last 1yr to not see that. So its probably a bad sign if regime shifts anywhere near to the past and youre blowing up 1-2 times a month.