Liquidity Risk PT1
This article builds on our article on backwardation. In particular it elaborates on what volatility means at a transactional level… Continue Reading
Finance
VIX Backwardation PT2: The M1-M2 (VX1,VX2) Spread Risk
In our last post: https://www.discretionarydystopia.com/backwardation-pt1-the-m1-m2-vx1vx2-spread/ We described the fundamental meaning of VIX backwardation. Namely that it hints markets participants may… Continue Reading
Backwardation PT1: The M1-M2 (VX1,VX2) Spread
The VX1-VX2 spread has been attracting a lot of attention recently on fintwit. It seems that many have no idea… Continue Reading