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Lewisc0021
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Joined: May 17th, 2017, 8:52 pm

Is there strong conviction regarding direction of the VIX?

May 18th, 2017, 3:22 pm

Keying off of some VIX investments, ie UVXY, VXX, which are near their all time lows, does anyone hold strong sentiment on where volatility will go from here through 2018, given the current geopolitical landscape? My impression is that current market uncertainty is not very well represented in some volatility futures and ETFs.
 
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outrun
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Joined: January 1st, 1970, 12:00 am

Re: Is there strong conviction regarding direction of the VIX?

May 18th, 2017, 5:06 pm

Yes, I see people talking about this a lot, some I know are indeed buying vega. When I was a floor trader this would happen because stock owners were selling out the money calls to get a bit of extra return on their view that the markets won't go up any further.