From Larry McMillan: We have written many times about the “Big (Volatility) Short.” It is a very profitable trade, for the most part. It comes about because of the upward-sloping term structure of the $VIX futures during a “normal,” bullish market.
From Larry McMillan: We have written many times about the “Big (Volatility) Short.” It is a very profitable trade, for the most part. It comes about because of the upward-sloping term structure of the $VIX futures during a “normal,” bullish market.