Previously I wrote that I didn’t agree with prevailing Wall Street views that saw the Delta-variant threat as insignificant. For a while it did seem markets were in agreement with said analysts - the VIX dropped below 16 just a week ago! I honestly thought I could be left holding the bag here with my long VIX positions. But try as I might, I could not come up with a good excuse for the VIX trading at 16 given covid cases are on an exponential trajectory.
Groceries with Warren
Groceries with Warren
Groceries with Warren
Previously I wrote that I didn’t agree with prevailing Wall Street views that saw the Delta-variant threat as insignificant. For a while it did seem markets were in agreement with said analysts - the VIX dropped below 16 just a week ago! I honestly thought I could be left holding the bag here with my long VIX positions. But try as I might, I could not come up with a good excuse for the VIX trading at 16 given covid cases are on an exponential trajectory.