tag:blogger.com,1999:blog-7585635149883470944.post5443409723156370302..comments2023-12-01T14:09:28.947+00:00Comments on Polemic's Pains: Young's Modulus of Macro ManagersPolemichttp://www.blogger.com/profile/05985506596290073453noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7585635149883470944.post-72936732656974592062014-05-23T11:15:44.278+01:002014-05-23T11:15:44.278+01:00short vol go wrong? No of course not .. 2006/7 nev...short vol go wrong? No of course not .. 2006/7 never happened. <br /><br /> I do wonder if short vol is becoming an enforced trade to counter lack of performance ( saw that in 2006 eg trading house sees volumes dropping as direction get listless so sell vol as a business hedge)<br /><br />Falling vol is like carry creep.. its normally saw tooth . so perhaps a risk reversal on vix selling puts buying calls <br />Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-7585635149883470944.post-27319602445430298632014-05-23T11:06:05.307+01:002014-05-23T11:06:05.307+01:00Sell vol then. Nothing could go whrong there, righ...Sell vol then. Nothing could go whrong there, right?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7585635149883470944.post-49033497532090197032014-05-22T18:59:05.823+01:002014-05-22T18:59:05.823+01:00thanks mike and corey.. and good to know you guys ...thanks mike and corey.. and good to know you guys are surviving too. Doesn t sound great on buy or sell side at the moment.Polemichttps://www.blogger.com/profile/05985506596290073453noreply@blogger.comtag:blogger.com,1999:blog-7585635149883470944.post-17557540645254888082014-05-22T18:15:28.029+01:002014-05-22T18:15:28.029+01:00Not sure why I feel better knowing that I am not t...Not sure why I feel better knowing that I am not the only one getting screwed on the options. The loss in P/L is the same. I guess misery loves company. Being right on direction, yet getting screwed on the timing down to a day or two, makes me wonder if hedging is the only thing options are good for. I have turned off my brain recently and just throw darts at random, taking profits on things I would usually let play out for a lot longer. Works so far,but hurts my brain. Good to know you are still alive Polemic :) Mikehttps://www.blogger.com/profile/18191449422745741436noreply@blogger.comtag:blogger.com,1999:blog-7585635149883470944.post-88080270228763180492014-05-21T23:34:35.164+01:002014-05-21T23:34:35.164+01:00Yes a bunch of speculative positions reversing on ...Yes a bunch of speculative positions reversing on the margins due to the reversing of opinions surrounding what the largest speculator (fed) & rates would do. I give it until the ECBs nxt meeting before it changes course. <br /><br />Geez, what's the statute on overdue stripper bills these days anyhow?Anonymousnoreply@blogger.com