Hi Seth, That is an interesting chart. Is it created purely from Volatility ETPs or are you also looking at VIX futures and/or SPX options in general?
One thing that has always confused me for every future or options position there is a buyer and a seller so if the net vega position is zero how can you tell what the commercial position is?
One thing that has always confused me for every future or options position there is a buyer and a seller so if the net vega position is zero how can you tell what the commercial position is?