Monday, 12 February 2018

Vol up!

Apologies to Cameo for busting apart their "Word Up'



Yo option traders around the world
Got a weird thing to show you
So tell all the sales and the clients
Tell your bosses, your brokers and risk manager too
'Cause we're about to go down
And you know just what to do
Wave your hands in the air like you actually care
Shout 'delta' and 'vega' as they start to look and stare.
Do your dance, do your dance, do your dance hedging gamma
Come on baby tell me, what's the vol

Vol's up! Everybody says
When you sell the call and the put you've got short vol all the way
Vol's up - it's the VIX word
No matter how you hedge it, you want to use the F word

Now all you sucker VIX sellers who think it's a fly
There's a reason they’re so complex and we know the reason why
Why you put on those shorts and you act real cool
Got to realize that you're acting like fools
If there’s profit we abuse it
Your ETNs are pants
You’ll lose your shirt every time, we know that in advance
They're just pants, they're just pants, they're just pants bleeding gamma
Come on dummy, sell me all that vol

Vol's up! It's end of days
When you hear the puts are offered, you know it's CTAs

Dial V for Vol, Dial V for VIX, Dial 911 for help
Vol up, Vol up, Vol up, Vol up

Yeh you sucker XIV buyers who think you're fly
There's got to be a reason and we know the reason why
Why you buy this toxic waste and you act real cool
Got to realize that you're acting like fools
We give you premium in advance.
But we lie and say your profits, this crap will sure enhance
Won’t Enhance, won’t enhance, won’t enhance, only stuff your gamma
Come on baby buy my inverse vol.

Vol's up, making commentators days
When you hear it on TV, all you can do is pray.
Vol's up! It's the news word
No matter how you hedge it, you know you own a turd


1 comment:

Shawn said...

Genius...but you're driving away the millennials.